Understanding Healthcare Costs
Vivian shares her experience at the University of Utah Health, where they discovered the importance of understanding the costs of healthcare. With the shift to a fixed payment model, they started paying closer attention to the actual costs of caring for patients. This led to a realization that many hospitals, including theirs, didn't know how much it cost to care for individual patients. The focus on cost information brought eye-opening insights for physicians.In this clip
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EconTalk
Vivian Lee on The Long Fix
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