[FoRK] Accidental theorist lost, wanted back
geege4 at gmail.com
Thu Jul 16 14:34:45 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.
> Really? Medical equipment, too? Can you cite me a study?
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