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| Topic | what would happen if hospitals competed like other businesses |
| Fam_Fam 11/20/18 9:39:16 AM #1: | they look at how much it costs them to do business, and charge a markup that they feel is appropriate. For example, if it costs them $100 to take care of a person for a night including staff and meds, they charge, say, $150. other businesses compete with them and offer lower prices to take their business. then prices fall to whatever is still profitable but people will be able to pay. Hospital B charges $140 to offer similar care to the customer, for example. if it's more than people can pay, then they aren't profitable. is there a way to make things work this way? ... Copied to Clipboard! |
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