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I feel like there are deep implications in this article about healthcare costs. If hospitals don’t compete on price, what really motivates them to find a cheap
by whiddershins 8y ago
I feel like there are deep implications in this article about healthcare costs.
If hospitals don’t compete on price, what really motivates them to find a cheaper ventilator?
If they aren’t all that motivated to find a cheaper ventilator, are the ventilator manufacturers motivated to develop a simpler and cheaper version of their technology? Not so much. They might be more motivated to lobby for regulations making cheaper solutions illegal to protect their business.
And so forth.
Fascinating. Demoralizing.
- gascan 8y agoIf a $15k hospital grade ventilator has a fifty year service life, perhaps the developed world sees little benefit to finding a cheaper ventilator, regardless of competition.
- deleted 8y ago[deleted]