Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description:    From IV bags to chest tubes, Dr. Sanjay Gupta explains why even basic medical equipment adds thousands to your medical bill.

Source: CNNMoney.com – video report

Date: June 28, 2012

Link: http://money.cnn.com/video/news/2012/06/27/n-medical-equipment-cost.cnnmoney/

Questions for Discussions:

  • Summarize the way hospitals allocate costs in order to cover all operating expenses.
  • Is this a form of insurance?
  • What would be a fairer way to allocate charges for services and products used by uninsured patients?
  • Is there a technological solution that can help in this environment?

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