Modern Healthcare April 15, 2017
Who’s responsible for making the U.S. healthcare system the most expensive in the world? If you are a top hospital or insurance executive, a well-paid physician or a drug company official or stockholder, the answer lies in the mirror.
That is the unflattering portrait painted by Dr. Elisabeth Rosenthal, editor of Kaiser Health News, in “An American Sickness: How healthcare became big business and how you can take it back.” She has expanded her New York Times series on hospital pricing, called “Paying Till It Hurts,” into a far-reaching critique of the financial games played by every sector of the industry.
Insurers, hospitals, physicians, drug and device companies, and testing and ancillary service firms are each put under the microscope....