TITLE

LET'S END THE U.S. HEALTH CARE SHELL GAME

AUTHOR(S)
Califano Jr., Josheph A.
PUB. DATE
May 1985
SOURCE
FE: The Magazine for Financial Executives;May1985, Vol. 1 Issue 5, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article evaluates the structural causes of inflation in the health care industry in the United States. The article states that hospitals have generally been reimbursed on a cost or, in the case of for-profit hospitals, a cost-plus basis. Doctors are paid on a fee-for-service basis. Thus, the more hospitals have spent, the more money they have received. An issue of critical importance, potential for a competitive economy in health care is the prevailing third party payment system, which eliminates any relationship between the buyer and the seller.
ACCESSION #
15095834

 

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