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Thursday, January 10, 2013

Curing the Profit Motive in Health Care

Soaring medical costs have afflicted the workers' compensation industry with economic distress and have severely impacted the efficient and effective delivery of medical care to injured workers.  Both increased costs/profits and a related spike in mortality addresses the need for more governmental control in the United States.

A study "...found that patients’ mortality rates spiked when nonprofit hospitals switched to become profit-making, and their staff levels declined."

Read "Health Care and Profits, a Poor Mix" NYTimes