Harold Miller - How Hospitals Make Money

Explanation of how hospitals make money: fixed costs, variable costs, margin. Differences between clinic fees and hospital fees. Explanation of fee for service. Exploring the idea of warranties as a possible way to reform the payment process.
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[@TheTruthSeeker756]

He's got Dana Carvey's Church Lady down pat!

[@nena8687]

such a high valued video, for free.🎉..
thank you and may God himself reward your generosity for such a wonderful lecture ❤📹.

[@BoatsAndHos89]

He leaps from the office vs doctor costs. How does the hospital not price-in overhead costs to keep the hospital lights on. If anything that overhead would be higher at the hospital, so the GI can’t go to the hospital and get paid more

[@ubergenie6041]

With 3rd-party payers capping price charged there may be no way to modify price. If warrants help increase patients then you would have an incentive for improved quality. But if I had been getting 25000/intervention a 10% hike in price will not entice them. So who is going to step up and say we'll pay more? Agree that this does give internal incentive to the hospital to increase quality of care. With cost cutting measures in-place for the last decade, it is not clear that once properly incentivized, departments can find new ways to drive out costs.

[@charlessmith9421]

Emergency’s doctors gonna be called that’s 24 seven

[@nvppatilmyhistory6733]

10000 dollar income in power people

[@lindalai9092]

Money talks, bullshit walks

[@RobertLupo]

Oh this guy is funny. He has no godly idea what he is talking about. Ps hospital admin for over 40 years.

[@hanknyc]

Your post has no value without a single example.