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Presumably it will only happen in hospitals that charge high enough rates to fully cover the cost of overhead, I.e at one of those luxury hospitals
by MichaelZuo 3y ago
Presumably it will only happen in hospitals that charge high enough rates to fully cover the cost of overhead, I.e at one of those luxury hospitals
- nradov 3y agoWhat "luxury" hospitals? I've never seen the word "luxury" used to describe the teaching hospitals which train most residents. Most of them have high proportions of Medicare/Medicaid patients where rates are set by the government and hospitals have zero ability to charge more. I don't think you understand the reality of healthcare economics; this isn't a free market where sellers can change prices and supply to meet customer demand.
- MichaelZuo 3y agoColloquially, from the folks I've spoken to, luxury refer to those hospitals that offer high-end rooms, fancy furniture, concierge service, and so on, for a higher fee. I.e. Places where the differences are immediately obvious to the layman If it's indeed the case that most hospitals can't cover their overhead then by default it must be limited to the high end, if it ever does happen.