Judd Legum

@JuddLegum ↗

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Last Checked Feb. 2, 2022

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Thu Jan 20 13:39:23 +0000 2022

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Judd Legum @JuddLegum

5. As the # of hospital beds declines, the cost savings are not being passed down to consumers. By 2016, "90 percent of all metropolitan areas had highly concentrated hospital markets," effectively letting them charge whatever price they want https://t.co/yWjffhFiai — PolitiTweet.org

Posted Jan. 20, 2022

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Judd Legum @JuddLegum

4. Large hospital networks divert patients from hospitals to other facilities where costs are lower and margins are higher That's not a bad thing in itself. But they are also reducing the # of beds which left the country ill-prepared for the pandemic https://t.co/yWjffhFiai — PolitiTweet.org

Posted Jan. 20, 2022

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Judd Legum @JuddLegum

6. If you running a bagel shop, you don't want to have extra bagels lying around at the end of the day. It destroys your margin. Running hospitals with little excess capacity, however, leaves the country unprepared for a public health emergency. https://t.co/yWjffhFiai — PolitiTweet.org

Posted Jan. 20, 2022