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I don't think medical care is particularly well modeled as a market: it's not clear that a small town hospital really can have any competition, or that someone
by woodruffw 3y ago
I don't think medical care is particularly well modeled as a market: it's not clear that a small town hospital really can have any competition, or that someone in an active medical emergency has any meaningful choice about which hospital they get sent to. Similarly for specialty treatment.
- jliptzin 3y agoAlso it’s not clear where someone would even look up those statistics even if they had the time to do it
- edgyquant 3y agoDo they need to? In my hometown there is a private owned hospital that basically no one in town goes to because we all had, or knew someone who had, a bad experience there. As an aside, The corporate owner of the hospital declared bankruptcy a few years ago.
- ChainOfFools 3y agowhich leads to someone else making a business out of 'objectively' collecting, packaging and disseminating them on behalf of ... the hospital systems.