One of my first jobs out of collage was in a Industrial Engineering Department. Figuring the production rates for the manufacturing. Never would any company allow the workers to determine the production rate for incentive. No way, human nature to set it low so they could make more money.
Will the ACA (Obamacare) address the prices charged? I know Medicare reviews the charges yearly.
On a side note, I once was talking to the head of radiology at a local hospital. Asked how they figured out the charges for a CAT scan. She said they just charged 300% the max amount Medicare would pay. Knowing they will get that. I thought here would be some formula of cost of equipment, life of use and repairs plus operator or something like that.
Barney
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