Posted in Economic Issues, Government Regulations, Influence peddling, Medical Costs, medical inflation, Organizational structure, Policy Issues, Price Tansparency, Uncategorized

Government-Enabled Kickbacks Escalate Medical Prices, Worsen Shortages, Stifle Innovation | PressReleasePoint

Posted on by Forum for Healthcare Freedom


“While there are more than 600 GPOs in various industries, only a few GPOs dominate the medical market,” Dr. Singleton writes. “The current fee structure raises an obvious conflict of interest: … since vendors pay the fees as a percentage of the product cost, the higher the price, the higher the GPOs’ fees.”

http://www.pressreleasepoint.com/government-enabled-kickbacks-escalate-medical-prices-worsen-shortages-stifle-innovation

Author:

A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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