Regina Herzlinger Quotes on America (1 Quote)

American industry spends a lot of time on cost accounting, and they do so because it gives them so much more control. But the health system rewards inefficiency. It's not a competitive system where the supplier names the price -- as a doctor, you can't determine the price, Medicare quotes it for you.... When the one saying it is as big a gorilla as Medicare, you say, 'I'll take it.'