RT Book, Section A1 Christensen, Clayton M. A1 Grossman, Jerome H. A1 Hwang, Jason SR Print(0) ID 1150326737 T1 Regulatory Reform and the Disruption of Health Care T2 The Innovator's Prescription: A Disruptive Solution for Health Care YR 2018 FD 2018 PB McGraw-Hill Education PP New York, NY SN 9781259860867 LK accessmedicine.mhmedical.com/content.aspx?aid=1150326737 RD 2024/04/18 AB The quintessential con artist of the nineteenth century was the snake oil peddler who sold sham elixirs to vulnerable patients—and it was the specter of his parasitical existence that ultimately spawned the Food and Drug Administration.1 The FDA's essential oversight of certain elements of the health-care industry was just the beginning of regulatory influence, however. The tentacles of governmental control now stretch throughout America's health-care system in a deep, tangled, and pervasive way—to the point that health care isn't private enterprise in the sense that automobiles, semiconductors, and strategy consulting are private. Indeed, much of the current public discourse on health-care reform focuses on whether private industry can be expected to fix the current system—or whether the government will have to become even more deeply involved. In many other economically advanced countries, of course, the government is the health-care system.