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Why Obamacare's Cost Control Efforts Aren't Working

In every field of endeavor, change is brought about by entrepreneurs. These are the creators. The innovators. They rarely stop thinking. The only question is: What are they thinking about? In a normal market, the entrepreneurs wake up every morning and ask themselves: How can I make costs lower, quality higher, and access to my product better today? But in a bureaucratic system – where revenues are determined not by customer satisfaction, but by complicated payment formulas – they tend to wake...

Hospitals: The Big Box Health Care Store You Should Avoid

So-called Big Box retail stores are the dominant retail model when it comes to selling vast quantities of products at competitive prices. Discount stores like Walmart have grown to such size that Super Centers are now common in major metropolitan cities. Home Depot and Lowes reinvented the lumber yard and turned it into a big hardware store/home-center. Target reinvented the department store, while Sam’s Club and Costco sell food, electronics, clothing, furniture and pharmaceutical products...

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