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  • Health care cronyism is fueling hospital consolidation and rising medical costs
    Health Care

    Health care cronyism is fueling hospital consolidation and rising medical costs

    February 15, 2023 /

    Wellbeing treatment consolidation is a difficulty. Large hospital conglomerates are increasing, acquiring lesser hospitals and unbiased clinics. This is not industry- or patient-driven consolidation. It isn’t bottom-up emergence of economies of scale. This is governing administration regulation placing a finger on the scale and supplying much larger institutions an unfair advantage over their competitors. It is cronyism for tax-exempt devices that already rake in large revenues. Ninety percent of metropolitan statistical areas are considered hugely concentrated by antitrust requirements. With this kind of monopoly energy, hospital systems achieve bargaining leverage in excess of payors. They can raise prices without boosts in excellent. The increased cost to non-public insurers is handed on to patients via greater rates.…

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    James Eaton Comments Off on Health care cronyism is fueling hospital consolidation and rising medical costs

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  • Britain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care
    Health Care

    Britain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care

    February 8, 2023 /

    London CNN  —  Tens of thousands of nurses and nearly 12,000 ambulance workers went on strike Monday over pay and working conditions in the biggest walkout in the 75-year history of Britain’s National Health Service (NHS). Escalating industrial action comes after years of falling wages, stretched budgets and staff shortages that have left the NHS in a state of crisis, with waiting times for treatment at a record high. At the same time, an aging population needs its services more than ever. That unhappy mix is fueling a boom in demand for private health care from a much broader swathe of the UK population than ever before — a fundamental…

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    James Eaton Comments Off on Britain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care

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