4 ms·
My parent comment does not mention Mayo Clinic. I'm mainly talking about hospitals that operate only for profit.
by catacombs 6y ago
My parent comment does not mention Mayo Clinic. I'm mainly talking about hospitals that operate only for profit.
- notechback 6y agoApparently many US hospitals are formally non-profits but operate very much in a corporate logic. What did mayo do with its bn profit last year that Op mentioned? Mayo earns $12bn per year. As contrast, a hospitals in Germany for a whole year cost €105bn, with an average total cost per stay (including operations etc ) of 4500€. https://www.destatis.de/DE/Presse/Pressemitteilungen/2018/11/PD18_435_231.html https://www.destatis.de/DE/Presse/Pressemitteilungen/2018/11...