“In 1970, healthcare amounted to seven percent of gross domestic product (GDP). Today, estimates suggest the soaring cost of healthcare will consume 20 percent of our GDP. That spending trajectory is unsustainable. So, what are the charitable hospitals doing with their cash-on-hand? They are not reducing prices for patients. Last year, these 82 hospitals spent $26.4 million on lobbying to defend the status quo.”
Read the full article on: Forbes