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bucolic_frolic

(47,622 posts)
3. For profit health is the product of entrepreneurial capitalism
Sun Dec 22, 2024, 03:30 PM
Sunday

Dangle the big carrot and many PhD's and MD's will work hard to develop new medicines, and it is expensive. Back in the Benjamin Salk days, no such pot of gold at the end of the rainbow. Now most everything is profit driven. Hospitals, clinics. We've not found a way as a society to cap profits in health care anymore than any other industry. We worship the Magnificent Seven. If you're going to cap health care costs, someone is taking a pay cut. Doctors? Hospitals? Health care real estate? Equipment manufacturers? I don't think we root out waste much either but that's another story.

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