News and Insights

Competition in the medical device field is limited with relatively small number of companies. Therefore, when a company markets new medical device, it signals to the existing competitors intent on price competition. If the new medical device is priced similar to existing devices, the company is signaling it does not desire price competition. In general,…

Harvard Business Review article estimates 95% of the hires in healthcare from 1990-2021 are non doctors with 10 of 16 non doctors work solely in non clinical roles such as administrative, receptionist, or clerk roles. You may think then these workers improve healthcare productivity or quality. However, productivity and quality hasn’t significantly increased. (https://hbr.org/2013/09/the-downside-of-health-care-job-growth) So…

The United States government subsidies the corporate medical complex. Many hospitals and insurance companies are not for profit so they don’t pay taxes. Yet these same hospitals send bills to debt collectors. Medical debt is the leading cause of personal bankruptcy.

Doctors are required to disclosed any conflicts including financial conflicts when publishing studies. But journals have varying criteria for disclosures and there is no enforcement for lack of disclosures. You can find articles published around the same time period, where the same doctors where have no disclosures while others have more extensive disclosures. Journal editorial…

Investors like companies with moats which means barriers to entry or competition. However, consumers are hurt by these barriers to competition because they pay higher prices. Hospitals build local moats to decrease competition. They lobbied for federal legislation to block competing hospitals. In fact, doctors are not allow to start new hospitals to compete with…

Hospitals are credentialed by The Joint Commission. The Joint Commission offers consulting services through Joint Commission Resources (https://www.jcrinc.com/about-us/our-team). The consultants charge exorbitant fees to hospitals to pass The Joint Commission credentialing. Some hospital administrators view this like a extortion protection scheme. By paying Joint Commission consultants, you get protection from The Joint Commission credentialing process…