[Spooky23]

ECO 101 fails all over the place.

Here's an example. A quick good will find you many more. http://www.modernhealthcare.com/article/20150221/magazine/30...

Medical services are a complex market. It's nonsensical to randomly apply basic economic principles without knowing what you are doing. (Good luck telling congress that) The smart thing to do is to make primary care more accessible -- you'd be able to close many hospitals and improve outcomes.

[Consultant32452]

I see what you mean, but the over-priced beds are just a temporary phenomenon while smaller more agile competitors are killing the large facilities. In the end, cheaper service for health care is still being found from new competitors moving into the market.