EVERY year America spends about $5,000 more per person on health care than other rich countries do. Yet its people are not any healthier. Where does all the money go? One explanation is waste, with patients wolfing down too many pills and administrators churning out red tape. There is also the cost of services that may be popular and legitimate but do nothing to improve medical outcomes. Manhattan’s hospitals, with their swish reception desks and menus, can seem like hotels compared with London’s bleached Victorian structures.
This article appeared in the Business section of the print edition under the headline “Health-care profits”
Business March 17th 2018
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- Which firms profit most from America’s health-care system
From the March 17th 2018 edition
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