NICE Runs Surplus By Denying Care

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  • 12/09/2008
NHS has SURPLUS of £2billion in the bank after underspending
By JO MACFARLANE
Last updated at 2:21 AM on 08th June 2008


Surplus: Shadow Health Secretary Andrew Lansley claimed the government had failed to use taxpayers money to provide care at a time of cuts

The NHS has underspent by more than £2billion after slashing training and cutting patient care.

About two per cent of last year's total NHS budget was not spent - just two years after the NHS was £547million in debt.


Meanwhile biotech in Britain in dying....thanks to NICE


In 2007, Sir David Cooksey, one of the fathers of British biotech said that "The UK is home to the strongest medical research community in Europe, yet there is no framework for bringing innovation from university laboratories and research organisations into the business world. The presence of the drugs-rationing group the National Institute of Health and Clinical Excellence adds a layer of bureaucracy absent in Europe or the United States."

Now...
Read Here

UK biotech leaders demand government investment for its survival

Monday 8 December 2008
Simon Varcoe - Reporter

Sir Christopher Evans, head of the biotech fund manager Excalibur, and 21 other leading figures in UK biotech are calling on the UK government to make significant investment in the sector to ensure its survival.

Peter Orzsag, the CBO Director who believes innovation is the source of many of the health care systems dysfunctions should be happy.   Rationing innovation saves  money...kills innovation.    I am sure the perpetual priapism of self pronouncement against medical progress such as Merrill Goozner and Healthcare Renewal should be covulsing with joy over the demise of innovation and the surplus of dollars due to the denial of care as the result of comparative effectiveness.   Dollars in the counting house from rationing.  If only Dickens were alive today!  
CMPI

Center for Medicine in the Public Interest is a nonprofit, non-partisan organization promoting innovative solutions that advance medical progress, reduce health disparities, extend life and make health care more affordable, preventive and patient-centered. CMPI also provides the public, policymakers and the media a reliable source of independent scientific analysis on issues ranging from personalized medicine, food and drug safety, health care reform and comparative effectiveness.

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