Sunday, May 10, 2026

It's time to stop pretending hospitals are "nonprofits"

These are massive businesses - frequently chains - that pay executives richly and depend on huge government spending and subsidies to survive. - Alex Berenson
The United States now spends over $2 million every year for an average hospital bed — $1.6 trillion in all.
  • That’s one key reason the American medical system has fewer beds per capita than many other rich countries. We just cannot afford more beds.
Why do American hospitals cost so much? 
  • Heavy administrative spending, 
  • patient lawsuits, 
  • relentless marketing and advertising, 
  • high labor costs, 
  • regular investment in new imaging systems (sometimes necessary, sometimes not), 
  • construction of shiny new buildings to chase elective surgery patients, 
  • and, oh yeah, seven- and eight-figure executive salaries — which have recently exploded...

No comments: