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Steven Lipstein on Hospitals

EconTalk

00:00

Are You Bringing Your Own Orange Juice From Home?

"We spend a lot of money managing a very outdated revenue cycle in the American healthcare industry," he says. "I'm not sure that starting with bringing your own orange juice from home would be the most cost effective way to do it." The U.S. spends $300 billion more than they would spend in other developed nations on health care, experts say.

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