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Hospitals have record revenues, record profits and obscenely high cash levels…….and they blame high prices on the obese, the sick, the drug companies and the insurance companies! ‘The market is working”….nothing could be further from the truth if you are a consumer of health care services. A suggestion for the legislators, if you dare, take a long look at what has happened to prices and competition since hospitals started employing specialty physician groups in 2009.
This is absolutely correct.