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Steven Lipstein on Hospitals

EconTalk

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I Don't Think It's a Sore Throat

Dr. Aaron Carroll: What incentives would you encourage to get people to sometimes take a chance and avoid those technologies? How does a hospital decide to acquire the latest cutting edge technology? Is it the legal environment you're in? The insurers' willingness to pay for it? Is it negotiated? He says, "I think it's one of the greatest things about our medical system but it's very expensive"

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