"Do any human beings ever realize life while they live it--every, every minute?" Emily Webb, Our Town
www.silententry.wordpress.com
The ACA capped insurance profits, but no one seems to remember that or recognize it. We continue to blame the evil greedy insurers.
I can tell you that the margin in not-for-profit HC is very low......expansion of services required by new technology takes every penny available. The demand for single rooms was very expensive. When patients refuse doubles, we have no choice. Competition for employees is tough if you're not the only show in town and that drives wages up. Patients demand MRIs....there are now 7 in our valley among the various facilities and these things are booked 24/7. Back in the 80s NFP hospitals had 17-19% margins for reinvestment......Now we're lucky to have 2-4%.
No, again the nature of the beast. That's why companies with a vested interest in selling their products may try to influence supposedly unbiased thought leaders. Is there anything wrong with that?
https://www.nytimes.com/2018/09/08/h...gtype=Homepage
A decade ago, a series of scandals involving the secret influence of the pharmaceutical industry on drug research prompted the medical community to beef up its conflict-of-interest disclosure requirements. Ethicists worry that outside entanglements can shape the way studies are designed and medications are prescribed to patients, allowing bias to influence medical practice. Disclosing those connections allows the public, other scientists and doctors to evaluate the research and weigh potential conflicts.
"Do any human beings ever realize life while they live it--every, every minute?" Emily Webb, Our Town
www.silententry.wordpress.com
There are currently 1 users browsing this thread. (0 members and 1 guests)