January 9, 2009 at 1:49 PM by DanWhy are healthcare costs rising so fast?
This is the underlying question in many topics of conversation, articles in the popular press, election cycles, presidential transition periods, etc. This issue of healthcare spending in the U.S. (or any other country) is incredibly complex. Contributing factors include inefficient and outdated information technology, high administration costs, obesity, healthcare financing (as opposed to cost) issues, higher prices in the U.S. … to name a few.
But there is one driving factor that seems missing from many discussions and debates: the role of labor in the delivery of care...
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