Milwaukee Journal Sentinel September 16, 2020
A large fraction of healthcare costs are linked to hospital care (33%) and clinical services (20%) in large provider settings. And a major source of revenue for hospitals is surgeries — quarterbacked by primary care physicians, who always (anticompetitively) refer internally.
The result: Nearly 20 cents of every dollar in your paycheck, as a healthcare consumer, goes into this overpriced system, referred to cynically by many as the Medical Industrial Complex.
In the early days of the pandemic, patients had to postpone elective surgeries and get much of their primary care via telehealth, cutting off revenue and financial support for the Medical Industrial Complex to the tune of $51 billion per month. That’s cutting off money to support an already...
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