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Health economics: Healthcare demands and Michael Grossman’s model of health production

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Alongside Dr. Robert Ozols, Dr. Matt Boente MD wrote a SPORE grant to the NIH to study ovarian cancer, a SPORE-Special Program for Research Excellence resulting in a $5 million grant. It is one of the most prestigious type of NCI grant and the first one awarded to gynecologic cancer researchers. It was one of the many projects Dr. Matt Boente MD has taken on in his career in his contribution to improving global healthcare everywhere. Image source: npr.org Image source: visitcompletecare.com Healthcare is now presented as a health capital of sorts, which consumers demand in large quantities. While it sounds like simple economics, the difference here is that the resources and funding needed for healthcare is both for consumption and production, unlike other goods. Because of this, there are four key figures in healthcare: contributors, citizens, providers, and consumers. Dr. Matt Boente MD cites Michael Grossman’s Model of Health Production from 1972 as being one of t