The Health Care Industry

[Michael Perelman]

What is amazing about the health care fiasco is how many of the
"providers" just raised executive salaries and now find costs are too
high.

Perhaps the most egregious case was Stanford and Berkeley merging their
hospitals.  I know someone who was in on the deal.  I think that managed
to have 1 administrator for every 7 beds.  Now they cannot make a
"profit".
--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901