In most sectors of the economy, market competition consistently improves quality while reducing costs. Healthcare seems to be an exception. But it’s not because competition couldn’t work, it’s because it’s not allowed to happen. It’s clear that the health insurance markets are stifling the essential elements that create a competitive environment i.e. choice and transparency. They control the supply (influx of patients) and the pricing (based largely on discounts of imaginary numbers) making it virtually impossible for a provider to be able to offer better pricing, better service, and better quality and market that directly to the buyers. With healthcare reform, there’s been a lot of debate about where competition should be inserted into the
So, I’ve had this policy unofficially for most of the time I’ve been in business. I’ve been actively promoting it for a couple of years or more. I “borrowed” it from my friend Ilene. I tell people to call me or email me anytime they have a question or an issue they think I can help with, and I’d be happy to discuss it with them. I think it’s a great approach to business and I’ll tell you more about why. Today, for what seems like the hundredth time, I heard a very accomplished author and speaker, Scott Ginsberg say a version of “don’t give away your time for free.” Those were not his exact
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In my business strategy consulting work, one of the services I provide is to perform operational assessments. I do a large portion of this work in the healthcare arena, and ... The Department of Labor vs. Your Company – Are You Ready to Rumble?
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