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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (886331)9/9/2015 12:24:44 PM
From: tejek  Read Replies (1) | Respond to of 1575598
 
Only in the world of medicine would Dr. Vivian Lee’s question have seemed radical. She wanted to know: What do the goods and services provided by the hospital system where she is chief executive actually cost?

Most businesses know the cost of everything that goes into producing what they sell — essential information for setting prices. Medicine is different. Hospitals know what they are paid by insurers, but it bears little relationship to their costs.


This is so very true. On those rare times when I have had to go to the ER or see a doctor or spoke to my cousin, they never know how much something costs. And they make no attempt to figure it out.