Thursday, January 29, 2009

Why health care reformers should look at the banking collapse

"Instead of competing with one another for the best outcomes, providers compete for patients with the most profitable diseases. Hospital care for cancer and heart surgery makes more money than hospital care for diabetes, pneumonia, or mental health. While all these services get reimbursed, some bring in more cash than others—in effect, cancer care is like gold while diabetes is like silver."

Read "Sicko-nomics" in Slate.

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