Uwe Reinhardt, recognized as one of the antion’s leading authorities on health care economics and the James Madison Professor of Political Economy at Princeton University writes,"Do we really believe that modern corporations, whose management and board of directors agonize even over an extra penny of earnings per share (EPS) – believe me, I know whereof I speak – simply outsource the procurement of major inputs and then look the other way? They do seem to do it in health care – which is the puzzle – but they surely do not in connection with other important inputs where smart buying can add pennies to EPS. More here. (Source: The Health Care Blog)
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