Testing has become to the United States’ medical system what liquor is to the hospitality industry: a profit center with large and often arbitrary markups. From a medical perspective, blood work, tests and scans are tools to help physicians diagnose and monitor disease. But from a business perspective, they are opportunities to bring in revenue — especially because the equipment to perform them has generally become far cheaper, smaller and more highly mechanized in the past two decades. (New York Times, 12/15/2014)
Hospitals With Pricing Power Don’t Necessarily Provide High-Quality Care
Large urban hospitals can have tremendous pricing power in their markets, with the ability to drive up healthcare prices. These hospitals are typically the area’s largest employer, and can include teaching facilities, sprawling “healthcare campuses” and Level I Trauma Centers. But do the high prices they demand from their patients and communities equate to higher quality care? As discussed in this article, the answer is NO. (HCPLive.com, 2/20/2014)
Hello! I am an expert in the field of medicine. My name is Robert and I have medical training obtained at the Complutense University of Madrid. My passion for science and biology arose from my childhood. My professional experience includes working in various medical institutions, from clinical practice to research laboratories.
My interest in publishing news in the medical field was born out of a desire to share important information with society. I believe that the accessibility and clarity of medical information are key elements in taking care of health. That’s why I decided to write news articles to help people make more informed decisions about their health and wellness.