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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (68133)	4/24/2018 11:49:25 AM
From: TimF	Read Replies (2) \| Respond to of 364291

$5, $5, and $0 is the correct answer. The $5 for amortized equipment is because you need to sterilize the electrodes between people, the $5 for hookup is paying a tech for 5 minutes, the $0 is because it will be computer read, no human needed, and it will be paid for by Walmart grocery adds while you sit there. That's only the marginal cost of the computers and equipment and the 5 minutes for the tech. The hospital won't stay in business if it just gets the marginal cost. You have to pay the cost of the equipment, the interest for it, the cost for decision making and paperwork involved in putting in new systems, the maintenance costs etc., and general overhead for the whole installation/system. Even for the tech, you can't just cover the marginal cost of his wages for a few minutes. Sure the fact that highly paid people are involved drives the cost here. If you could efficiently automate it you could greatly reduce the cost. Just not as much as your statement seems to suggest.

To: neolib who wrote (68133)	4/24/2018 12:28:36 PM
From: zzpat	Read Replies (1) \| Respond to of 364291

When you listen to people from other countries talk about our health care, especially ER visits they'll say we charge $800 for an item you can buy at a drug store for $8. I agree. It's legalized theft. They argue they need qualified people on duty just in case something big happens and that's why it costs so much but that's like saying a restaurant can charge you for people who might come in later in the day. It's a silly argument. Since hospitals are supposed to nonprofit and almost all of them make a profit (at least in this area) a few regulations would be very helpful.