3 ms·
Aren't a lot of these hospitals where "admin bloat" is an issue, actually non-profit? That doesn't strike me as very capitalistic. Capitalistic enterprises have
by zozbot123 8y ago
Aren't a lot of these hospitals where "admin bloat" is an issue, actually non-profit? That doesn't strike me as very capitalistic. Capitalistic enterprises have residual claimants, who hold formal equity in the business and thus face a crystal-clear incentive to minimize costs and maximize perceived quality-of-service. Non-profits don't.