2020.06.12 01:22
How Rich Investors, Not Doctors, Profit From Marking Up ER Bills
https://www.propublica.org/article/how-rich-investors-not-doctors-profit-from-marking-up-er-bills
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This article details the reason why ER bills are so high.
A few private equity firms that hire most of the ER doctors are said to be
behind those bills. Of course, the private equity firms are the ways the super-rich
billionaires are making easy money.
I saw one celebrity talking about the ER bill on TV a few months ago
he got from a hospital in NY city which was about $10,000.
He had URI or a cold with fever and decided to go to nearby ER to check it out.
This story is just a small part of the monstrous health care delivery system of the USA,
which, I believe, has much to do with the worst results in the world against COVID19,
100 times worse than that of China according to one article on this page.
Any national health policy, it seems, is totally out of MDs' control or significant influence.
How sad! What a shame!