So what is it about heath care that precludes economies of scale?
There is no fixed-cost capital investment that increases health care productivity dramatically. That is to say, the "health care factory" has not been invented yet.
A hospital of 100 doctors is only (roughly) 100x as productive as 100 doctors individually (unlike manufacturing, where 100 assembly line workers >> 100 blacksmiths).
There is no fixed-cost capital investment that increases health care productivity dramatically. That is to say, the "health care factory" has not been invented yet.
A hospital of 100 doctors is only (roughly) 100x as productive as 100 doctors individually (unlike manufacturing, where 100 assembly line workers >> 100 blacksmiths).