Hospital systems are tax-exempted in exchange for an approximately 5.9% investment in community services.
healthcare costs
Commercial insurance, that employer-provided benefit, initially a workaround to World War II price controls, provides most health coverage to Americans.
#This excerpt was reprinted with permission.
The administration [1] is demanding that hospitals publish the actual price for their services to help the consumer.
Why do teaching hospitals feel the need to write articles justifying why they are better? What secret fear? Certainly not the rightfully discredited belief that the arrival of the new class of interns heralds a spike in hospital deaths.
By James Leahy, University of South Florida
“First, you (and me) are probably not that good at most tasks. One should recognize that our performance perceptions are upwardly biased. Thus, it pays to be humble and learn as much as possible from others.”
One way to reduce healthcare costs, especially on the medical side of the equation has been to increase the utilization of mid-level or advanced care practitioners, e.g., nurse practitioners and physician assistants.