Hill December 9, 2018
In the past several months, we have observed blatant signs of deceptive, misleading, unsubstantiated and foolish statements in the health-care industry. These include fraudulently marketed products from Theranosand IBM Watson and a recent statement by the CEO of One Medical that his firm aims to take out 10 percent of U.S. health-care spending — something no one has ever done (not even the federal government).
Lies of the health care industry
Why does this kind of behavior occur? While flat-out dishonesty for short-term financial gains is an obvious answer, a more common explanation is the need to say something positive when there is nothing positive to say.
This problem is acute in health care. Suppose you are faced with the...
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