Rosenthal outlines 10 "rules" that explain why healthcare costs defy standard market logic:
Patients are often restricted by insurance networks or "hidden" providers they never see, such as out-of-network anesthesiologists. Major Players in the "Money Chase" An American Sickness: How Healthcare Became Big...
In her 2017 book, An American Sickness: How Healthcare Became Big Business and How You Can Take It Back , Dr. Elisabeth Rosenthal—a former emergency room physician and New York Times reporter—analyzes the transformation of the U.S. healthcare system from a "noble profession" into a profit-driven "medical-industrial complex". Rosenthal outlines 10 "rules" that explain why healthcare
The system incentivizes quantity of care over quality of outcomes. healthcare system from a "noble profession" into a
Chronic treatments generate more recurring revenue than one-time cures.
In most industries, tech lowers costs; in healthcare, new "innovations" often serve as a justification for higher fees.