Eight Reasons Why the United States Doesn’t Understand Healthcare Finances

Eight Reasons Why the United States Doesn’t Understand Healthcare Finances

All of us are patients and all of us are Chief Financial Officers of our own humble bank accounts, cast into the shadows of the behemoth bank statements of major medical institutions. How behemoth, you say? Multi-hospital health systems and their owned physicians can generate upwards of $8 billion in annual revenue. To put that into perspective, the NFL generates an estimated $10 billion in annual revenue. That’s the NFL compared to a single health system. The Washington Redskins generate about $380 million in revenue per year (and still can’t win, but that’s an issue for another article altogether).

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