Quote:
Originally Posted by stevew
Still, hospitals are in a bind. The more than 5,000 community hospitals in the United States provided $39.3 billion in uncompensated care — predominately unpaid patient debts or charity care — in 2010, up 16 percent from 2007, the hospital association estimated.
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Considering the health care industry is a $3T industry, boo-effing-hoo.
"I have to give away one penny on the dollar so that explains why we charge $500 for a procedure that costs $5 in supplies and is done in 10 minutes by someone we pay $15 an hour". If costs weren't so grossly exaggerated, that number would be much, much lower.
SI