The average doctor in the United States earns about $300,000 per year, roughly twice as much as physicians in other rich countries. Does that mean U.S. doctors are "seriously overpaid," as one prominent economist argues—or is it fair compensation for these high-skilled, highly trained workers? Here's what Greg Rosalsky of NPR's "Planet Money" found when he took on the controversy.
About six years ago, Walmart launched a Centers of Excellence (COE) program that offers certain surgeries to employees with no out-of-pocket costs—and the program is saving money and reducing readmissions, Walmart's Lisa Woods and colleagues write in the Harvard Business Review. Here's what Walmart's experience could mean for other companies experimenting with new payment models.