We have adapted our minds to thinking of hospitals as givers of charitable care in the business of life saving, without being aware of the price we pay financially for this care. Steven Brill's cover story in the Time magazine, shows that non-profit hospitals take a 12% profit margin on everything from cardio stress tests to gauze pads. The health care system in the U.S is known for confused incentives and over treatment. The U.S spends (Dollar) 9000 ...Tuesday, 26 February 2013
Health Care Costs can be Brought Down by a Good Amount
We have adapted our minds to thinking of hospitals as givers of charitable care in the business of life saving, without being aware of the price we pay financially for this care. Steven Brill's cover story in the Time magazine, shows that non-profit hospitals take a 12% profit margin on everything from cardio stress tests to gauze pads. The health care system in the U.S is known for confused incentives and over treatment. The U.S spends (Dollar) 9000 ...
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