Earlier quoted context omitted.
Most hospitals are already losing money or close to losing money. Taking away profit motive from them e.g. by subsidizing operation would only increase cost of care, because the incentive to run lean/efficiently goes away. The insurance system and perverse incentives embedded in it is the primary reason healthcare is expensive here. Also many countries have price controls on drugs, and US does not (thus subsidizing R…
> Most hospitals are already losing money or close to losing money. Taking away profit motive from them e.g. by subsidizing operation would only increase cost of care, because the incentive to run lean/efficiently goes away. This comes up in every thread about healthcare and it's just plain wrong/backwards. The reason they appear to be losing money or close to losing money is by design, because of the incentive to be…
e.g. MPW
Hospitals are not the same as Medical Office, which tend to be more profitable. Where are the facts to corroborate your statement?