You throw around numbers as if "gotcha". OK. The hospital took in 3 million dollars. The President spends 1.6 billion dollars on bodyguards each year.
So do you have a job and what is it? Precisely what do you know about how much it costs to do anything? One thing I can say is that at least the hospital lists what it takes in. How about the revered Congressional Members’ Wellness Center, the fitness center and spa for the Senate and house paid for at our expense, the one we aren't even allowed to know the cost of?
Speaking costs, how much does it cost to run a hospital? How much do MRI machines cost to buy, maintain and staff?
What background do you have which permits you to pronounce a judgement on whether a thing is well run or not?
Meh, I said I would stop and I need to. Arguing with ignorance is never profitable.
BTW, at least know what professions you don't like. Nurses and nurse practitioners are different, but any of them know a whole lot more about reality than virtually all the "experts" here or in DC.
I'm done now, seriously.
You throw around numbers as if "gotcha".
Wow, seriously? I'm providing DATA to back up my argument. You can't even read the numbers right. These are financial numbers that tell the financial story of how a business is operating.
I run my own business with 5 employees, one of which is overseas. I will be hiring 3 more overseas employees within half a year as I expand my business. I'm 28. I have other people do work for me. I'm well-versed in looking at business data and deciphering it.
MRI Machine Cost:
http://info.blockimaging.com/bid/92623/MRI-Machine-Cost-and-Price-Guide
Average price paid for an MRI scan:
http://www.newchoicehealth.com/Directory/CityProcedureType/California/Los Angeles/15/MRI
Let's say that a single MRI machine costs $1,000,000. Let's go all-out, full retard, and say that it also costs $1,000,000 a year to operate a single MRI machine. We're just going to throw bags of money at the technicians and pay the highest prices in electricity we can possibly find and buy the most expensive disposable supplies we can find. The average price paid for a single scan is $2,000. It would take 1,000 scans to make back the entire cost of the machine and the operating costs of the machine.
You can bet your ass a hospital could use an MRI machine 1,000 times in a single year. So in a single year it could more than pay off the machine, and it's pure profit from thereon out. Oh yeah, they're likely on some payment plan for the machine, so they're making even MORE in profit. Plus they are depreciating the machine as a tangible asset on their list of business expenses over a period of many years so their tax burden is lessened overall during all those years.
Every single time I hear someone use the argument "well how much does an MRI machine cost? HUH? How about that?" I have to smack my face. The cost is not much when you take into account the revenue generated from it. I just KNOW that they have ZERO data to back up their accusation because it is SO easily disproven.
Compare the financials of the hospitals I posted previously to the financials of the insurance companies:
https://www.blueshieldca.com/bsca/about-blue-shield/corporate/financials.sp
86.8% of that they took in in premiums they used to pay out to these hospitals, and these hospitals still stand to make a huge ~50%+ profit margin based on the cost to provide these services. Looking at these numbers, which side is more showered in cash? Which side has more bargaining power when negotiating rates? The insurance companies then have to make do with the remaining 14% for running EVERYTHING - salaries, marketing, overhead.
Arguing with ignorance? Look in the mirror. I'm the only one that has brought solid numbers and DATA into this discussion. You have only brought accusations and anecdotes.