Re:Investors Extracted $400M from a Hospital Chain
by stuff4ben on Tuesday October 20, 2020 @03:30PM
(#24841442)
That's definitely true. Although I wonder if anyone has done an analysis of where hospitals and physicians spend their money? Could reducing the costs due to malpractice be a potential solution?
Re:Investors Extracted $400M from a Hospital Chain
by pwinnski on Tuesday October 20, 2020 @03:37PM
(#24841529)
There has been so much analysis of every step of the health care pipeline, and most of the meta-analyses I have read suggest that there is no silver bullet, only many, many, many things combined.
All nedical malpractice costs combined, insurance, actual payments, and legal combined, amount to 0.3% of the total cost of health care[0]. That's one-third of one percent. So its not nothing, but it's not the highest priority, either.
Trying to get everyone insurance involves paying for it, which people often don't want to do.
Trying to lower the cost of health care involves working against well-funded companies willing to do anything and everything they can to preserve their profits, even if it requires destroying a few politicians along the way.