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DonHo-kieHi

Joined: 01/01/2005 Posts: 14806
Likes: 8220


The other main factor is competition and arms races. The things that have


competitive products and must compete in the marketplace for market share have margins are reasonable.
The things that have gone up so much are trying to build bigger and better "products" to attract more business and they are not constrained by competition. One example is college athletic "facilities" which we all agree are out of control. If you don't have sliding boards and monitors in the lockers and nap rooms, etc you are getting behind. Hospitals have to have regional influence to get funding for certain things. We have had practitioners move from my small town to a neighboring bigger town because they get higher re-imbursement for the same procedures. Hospitals have to have the latest "gadgets" to show "sate of the art" care.

(In response to this post by DonHo-kieHi)

Posted: 03/04/2018 at 11:58AM



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