The hottest Cost management Substack posts right now

And their main takeaways
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Top Business Topics

The Albatross Around America’s Neck: How health-care opacity neutralizes competition and fuels a corporate race to corner health-care markets

HEALTH CARE un-covered • 779 implied HN points • 12 Feb 24
🏥 Health Politics Health care Cost management Market Competition Corporate Influence
  1. Healthcare companies are consolidating and taking control, which reduces competition and keeps costs high. This creates a system that benefits big corporations rather than patients.
  2. The lack of transparency in healthcare pricing makes it hard for people to understand or compare costs. This has led to rising costs and poor quality healthcare for many Americans.
  3. There is hope for change with new laws and innovative healthcare solutions emerging. These could lead to more competition, better services, and lower prices if people get involved and demand better.

The Over-Engineering Trap

Tech Ramblings • 39 implied HN points • 28 Jul 24
🕹 Technology Software Development Engineering Practices Cost management Product Design Systems Architecture
  1. Simplicity and maintainability are more important than performance and complexity in software design. Focus on creating code that's easy for others to understand and work with.
  2. Avoid over-complicated platforms like microservices, especially if your application doesn't need them. Start with basic tools and scale only when necessary.
  3. Your goal as a software engineer should be to deliver a product that customers can use easily. Keeping things simple helps with maintenance and helps new team members get up to speed faster.

The Unique Hell Unleashed By Each Type of Health Care System

I Might Be Wrong • 11 implied HN points • 10 Dec 24
🏥 Health Politics Healthcare systems Public Health Insurance policies Political Impact Cost management
  1. Different healthcare systems have unique problems. Whether it's private insurance leading to high costs or public systems causing long waits, each has its downsides.
  2. Getting government involved in healthcare doesn't make it free. There's always a cost, either in money or in service quality. It's important to understand that you can't get something for nothing.
  3. Finding the right balance in healthcare is tough. A mix of public and private options might be the best way to give people decent care without breaking the bank.

LIFE AND DOLLARS: a health care insider's account of how prior authorization really works.

HEALTH CARE un-covered • 239 implied HN points • 07 Feb 23
🏥 Health Politics Healthcare system Insurance Issues Patient Advocacy Cost management Policy Impact
  1. Prior authorization was meant to reduce unnecessary medical procedures, but it's often causing more problems than it solves. Patients and doctors face delays and frustrations, and the process doesn't save as much money as expected.
  2. Health insurers are spending a lot on middlemen and outsourcing prior authorization, which drives up health care costs. These companies often prioritize profits over patient care.
  3. Many patients don't understand how prior authorization affects their care, leading to confusion. It's important for employers and patients to be informed and communicate better about these requirements to avoid frustrations.
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Making Sense of Environments

realkinetic • 0 implied HN points • 18 Feb 19
🕹 Technology Development Security Reliability Cost management
  1. When structuring environments, consider the trade-offs between shared and team-specific environments based on costs, benefits, and complexities.
  2. Different environment types (like playground, development, staging, and production) serve distinct purposes in ensuring developer efficiency, code validation, security, and reliability.
  3. Minimize the number of environments to reduce costs, improve integration practices, and optimize developer efficiency, while balancing factors like data sensitivity and operational costs.

Managing Your OpenAI Token Use

Cobus Greyling on LLMs, NLU, NLP, chatbots & voicebots • 0 implied HN points • 28 Nov 23
🕹 Technology AI NLP Modeling Cost management Implementation
  1. Managing OpenAI token usage is important for understanding costs. Each interaction you have with the model uses a certain number of tokens, which can add up quickly.
  2. Tokens are calculated differently depending on the model you use. It's essential to know how to convert text to tokens to estimate the cost for your specific needs.
  3. Most current implementations of LLMs focus on experimentation rather than real-time use. This means many users are not fully aware of the cost implications associated with extensive token use in their applications.

What Is the Goal of Lowering Your TCO Anyway?

The Serverless Mindset • 0 implied HN points • 22 Jun 23
🕹 Technology Cost management Cloud Computing Serverless
  1. TCO stands for Total Cost of Ownership and highlights the costs of owning software or infrastructure.
  2. Lowering TCO should not just be about reducing headcount; it's about optimizing resources and focusing more effectively.
  3. Utilizing cloud providers for managing software or infrastructure can be a strategic move for cost optimization.