It is widely agreed that competition, or lack thereof, in health care is a problem. The Wall Street Journal recently showed how Viagra and Cialis prices seem to move -- up, of course -- in lockstep. USA Today found Walgreens charging 1237% more than Costco, for the same drug. Economists like Martin Gaynor have been discussing problems with competition in health care for years. The Harvard Business Review just published a lengthy article on the problem. But, it turns out, we may be ignoring an important competition that has real impacts on our health: with each other...
health care competition
See the following -
I'm OK -- You, Maybe Not So Much
By Kim Bellard | November 28, 2016
What Health Care Can Learn From Whole Foods And Apple
Jonathan Bush | LinkedIn | December 2, 2013
A few weeks back, I shared my thoughts on why the incentive system in health care is broken, and ranted about the ridiculous amount of profit being created by some health systems (yes, including non-profits) that’s in opposition to what patients need and deserve. It’s not that I think profit is bad, quite the contrary. Profit is good, very good, unless it’s created in opposition to the market you’re serving which, in this case, happens to be patients.
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