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“The question to ask is what is the profit margin. The problem with this host is the he only looks at the direct costs of services and completely overlooks to overhead of running medical facilities.
Let’s say it costs a hospital 100 a year to run. My guess is that 80 dollars of this overhead. 20 dollars of the cost is directly related to the services being rendered. The hospital, if private, will need to bring in 120 to reasonably stay open. Hospitals have to figure out how to bring in that money. So, they may mark an aspirin up 10x. They are trying to find revenue.
The real question are two. 1 How to lower the overhead expenses of medicine. Not nit picking over individual services. 2. Figure out how to have every person pay for services. If someone figures these two things out, healthcare is solved.
Complaining about how much an MRI cost is stupid and solves nothing. If hospitals loose the revenue of an MRI, they will raise prices elsewhere to make up the revenue difference.”
Flippy246 via Apple Podcasts ·
United States of America ·
06/20/19
More reviews of An Arm and a Leg
“This is podcast that does a great job of humanizing issues surrounding the healthcare industry, in a way that keep it entertaining and down-to-earth while being aware of how heavy the subject can be for many people, and seeks to educate its listeners with not only the problems that exist with...”Read full review »
Eddy Tony via Apple Podcasts ·
United States of America ·
08/02/19
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“Thanks so much for covering these important issues that so many people are facing now!”
catherine w.. via Apple Podcasts ·
United States of America ·
12/15/19
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“Great podcast on the cost of healthcare in America. I’ve learned some good tips on how to be my own healthcare advocate.”
73desertgirl via Apple Podcasts ·
United States of America ·
07/29/19
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