If you like this post, please share:

If you liked this post, please share:

It's been another interesting news week.  The Dow topped 15,000. New data released by CMS revealed staggering price differences at hospitals. And Turkey emerged as the place to go for a mustache transplant.

When the market crashed in 2008, my 74-year old father said, "Don't worry, it will come back.  It always does." He was right.  According to the Wall St. Journal, many see the Federal Reserve's efforts to keep interest rates low as the key driver of the rally.

Low interest rates have also been the reason that large U.S. companies are borrowing record amounts of capital in bond markets.  Now, I'm no finance expert, but it seems to me that this is good news for healthcare building projects -- as long as healthcare organizations' credit ratings remain solid (Moody's downgraded six small not-for-profit hospitals this week).

And is anyone surprised that there are staggering price differences at hospitals? According to the Huffington Post, not only is there very little oversight over how prices are set, but there's hardly any market incentive to reduce them -- because hardly anyone pays the official rates.

Perhaps this transparency will force some changes. But I think it's also up to us to become better healthcare consumers -- at all levels, including the types of facilities in which we elect to receive care. Or get a mustache transplant.

P.S.  Please do me a favor -- if you liked this post and like this blog, please share it with others by sending them the link and/or post it on your Twitter, LinkedIn, or Facebook, etc.  Also, don't forget to subscribe, so you'll get emails when new content is posted.  Thanks!

Publishing Partner

McMRpt2018_ Logo360_cmjn

Leave a comment



Derek Parker

11 years ago

Sara
Please do not get a mustache transplant
Derek

Sara Marberry

11 years ago

Haha. I'm at the age where I'm trying to get rid of hair, Derek.

Sara Marberry_013-Retouched-New copy

What's my story? I'm a healthcare and senior living design knowledge expert who writes and speaks frequently about trends and issues affecting these two industries. I'm also a strategic marketing consultant and content creator, working with companies and organizations who want to improve the quality of healthcare and senior living through the design of the physical environment. You can reach me at sara@saramarberry.com.

Subscribe to My Blog!

Archives

Contact Me

Copyright 2021 © All Rights Reserved | Terms & Conditions