How does American health care become a big business?


How does American health care become a big business?

In the United States, health care is a multi-billion dollar industry, but do we get what we give? Dr. Elizabeth Rosenthal, m.d., a former medical doctor, warned that existing systems tend to focus on financial incentives for health or science.

“Frankly, we believe in the health care of a lot of for-profit businesses, and frankly, their job is to make money,” Mr. Rosenthal said. “You can’t expect them to behave like mother Teresas.”

Rosenthal’s new book, “America’s disease”, addresses the entrenched problems of the existing healthcare system and offers some advice. She points out that under the current system, it is more profitable to provide life-long care rather than treatment.

“One of the experts in the book joked to me that if we were to rely on the current medical market to fight polio, we would never have a polio vaccine,” Mr. Rosenthal said. “Instead, we use the iPhone app in seven colors of iron lung.”

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The impact of hospital integration on care prices.

At first, it was a good idea: hospitals were clustered together to share efficiency. You don’t need to order sheets from every hospital. You don’t need every hospital to do every procedure. You can share patient records so that patients can go to the most appropriate medical center.

Now the consolidation trend has climbed dramatically and rapidly… In many parts of the country, there is only one major city, perhaps two hospital systems. The level of integration you see is that it’s a small monopoly.

“Painful” : why is American health care so expensive?

Health care

“Painful” : why is American health care so expensive?

Of course, what happens when you have a small monopoly? So what we’ve seen over and over again in the study is that the most integrated cities in the hospital tend to have the highest health care prices, and there’s no benefit to the outcome of the patients. Thus, merging in many places is a good idea that has grown to the point where patients no longer benefit, which is good for profit.

The U.S. centers for disease

The U.S. centers for disease

How does health care become a big business and how to recover?

By Elizabeth Rosenthal.

Hardcover, 406 pages of purchase.

There are more ways to benefit from lifelong treatment than cure.

For example, if you are a pharmaceutical factory, and you have diabetes, for example, if I invented a medicine can treat diabetes tomorrow – it will kill a billions of dollars in commercial markets. The treatment is much better, sometimes the treatment is very good… This treatment will last for life. It’s a lot better than what’s going to make the disease go away overnight.

How does the price rise to the level that the market will bear?

Another concept that I think is unique to medicine is what economists call “sticky pricing,” which is a great term. It basically means… Once a drugmaker, a hospital and a doctor said, “hey, we can charge $10,000 for the process or the drug.” Maybe two months ago it was $5,000, but once everyone saw someone charging $10,000, the price would go up to this sticky cap. …

What you often see now is when generic drugs come out… The price will not fall to 20% of the brand’s price, or it may fall to 90% of the brand price. So we don’t get anything from the markets where we consumers are making these choices.

Talk to your doctor about expenses and medical expenses in the early days.

You should start each conversation with the doctor’s office and ask, “is there a concierge fee? Do they have anything to do with hospitals? Which hospital do they have a relationship with? Is the office considered part of the hospital? In this case, you will also face hospital expenses in addition to the doctor’s office expenses. You always ask your doctor… “If I need a lab test, if I need an X-ray, would you send me to a network provider, so I won’t be hit by out-of-network costs?” …

Medical expenses still bring huge losses, even if there is insurance.

Shooting – health news.

Medical expenses still bring huge losses, even if there is insurance.

This is usually a little difficult for your doctor because they may need to fill out a different application form, but it’s worth asking. And I don’t think any of the doctors who will help you in this way will not be comfortable with the financial costs that we are undertaking today.

TOR is brought to the hospital or main document by the hospital or main document.

You have to say, “who are you? Who calls you?” “And” will I charge for it? Moreover, people have to in the recovery in this alert this pessimistic attitude thinking way, but I think if we don’t counter system in this way, we will be in chaos allowing it to continue.

What about the medical bills that are encoded?

Don’t be shocked by the “instant payment discount”. Back at the hospital, he said, “I want a complete itemized bill. I want to know what I paid for it.” Some of these will be represented in code, some of them in medical abbreviations. I find that you can have Google code, and often find out what you’re charged for, and most importantly, you might find out what you’re being charged, and obviously you know you’re not.


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