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> A number of factors spurred states to require CONs in the healthcare industry. Chief among these was the concern that the construction of excess hospital capa
by Y_Y 5y ago
> A number of factors spurred states to require CONs in the healthcare industry. Chief among these was the concern that the construction of excess hospital capacity would cause competitors in an oversaturated field to cover the costs of a diluted patient pool by overcharging, or by convincing patients to accept hospitalization unnecessarily.
That's pretty absurd isn't it? Were the plebs really worried about too many hospitals being built? And that that would drive prices up?
- legitster 5y agoWell, you often times hear people make the same argument today about houses...
- 6gvONxR4sf7o 5y ago"This industry is so messed up and opaque, we're worried that competition is bad for the costumer and monopolies are the best we can get."
- FireBeyond 5y agoNo - the hospitals were. They wanted to create little zones where they could each extract maximum possible revenue from an area. Hospitals were the ones lobbying for CONs.