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The Dig: Next Shift w/ Gabriel Winant

Jacobin Radio

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What's Wrong With a Fixed Price System?

The health care reform of the 1980s was intended to make hospitals more efficient and productive. Instead, it created a market in high reimbursing interventions that were dominated by well-capitalized institutions like pittsburg hospital. The wealthy academic hospitals are able to buy them up where they think there's an advantage in controlling the market or even closing them down. This is really the vulgar shock coming to the health care system," he says.

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