[FoRK] Accidental theorist lost, wanted back

geege schuman geege4 at gmail.com
Thu Jul 16 14:16:42 PDT 2009

On Thu, Jul 16, 2009 at 5:10 PM, J. Andrew Rogers <
andrew at ceruleansystems.com> wrote:

> On Jul 16, 2009, at 10:12 AM, Stephen Williams wrote:
>> I'm personally aware of several very common medical situations that
>> extract 3-20x as much money and services as is necessary.  This is in
>> addition to inflated retail prices vs. negotiated insurance company prices.
>>  The retail prices are, I'm sure, used to inflate costs of uninsured,
>> medicare, etc.
> If these healthcare services are grossly over-priced by integer factors,
> then why are the profits for most segments of that industry unambiguously
> mediocre?  The only companies that make a decent profit in the healthcare
> sector are pharmaceutical companies, and even there the profit is not
> outrageous by any stretch of the imagination.
> Why is it so hard for companies to turn what is nominally an outrageous
> markup into a decent operating profit?
> J. Andrew Rogers

I wonder if their budgets show lobbying as marketing?

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