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Completely agreed. There's something called a Certificate of Need necessary in many states[1] that effectively allows hospitals to veto any new facilities that
by wyc 10y ago
Completely agreed. There's something called a Certificate of Need necessary in many states[1] that effectively allows hospitals to veto any new facilities that they don't "need." I don't think it would surprise anyone that low-cost upstarts about to cut into revenue streams aren't needed by any hospitals.
Whenever you have a $500 bottle of orange juice, I think it screams that you're not in a competitive market.
[1] https://en.wikipedia.org/wiki/Certificate_of_need https://en.wikipedia.org/wiki/Certificate_of_need