I think we might find upon closer scrutiny that the financialization of medicine followed the increased involvement of and regulation by government which effectively centralized it and necessitated economies of scale. It is virtually impossible to maintain a small private practice because of costs. Virtually the only doctors who can stil…
I think we might find upon closer scrutiny that the financialization of medicine followed the increased involvement of and regulation by government which effectively centralized it and necessitated economies of scale. It is virtually impossible to maintain a small private practice because of costs. Virtually the only doctors who can still do it are either stubborn or very expensive concierge services. Hospitals don't have enough resources either.
I think we might find upon closer scrutiny that the financialization of medicine followed the increased involvement of and regulation by government which effectively centralized it and necessitated economies of scale. It is virtually impossible to maintain a small private practice because of costs. Virtually the only doctors who can still do it are either stubborn or very expensive concierge services. Hospitals don't have enough resources either.