250 more hospitals just joined in on a plan to make their own drugs and the effort could upend the generic pharma business

Ummm explain to me how it’s not the insurance companies? What’s their profit margin? 20-50%? A hospital’s is 2-3. If you want to really understand what makes up the high prices of a hospital, I can explain (briefly). Obviously you have to pay for the tech, the nurse, the building, the machine, the supplies, and the doctor. But (this is the reason for most of the markup) you also are subsiding the expenses of every single person that comes in with no insurance (or awful insurance) because hospitals operate under EMTALA which means they cannot turn anyone down seeking medical attention regardless if they have the ability to pay. I agree costs are wayyyy to high, but let’s not just randomly point fingers at businesses because we don’t understand why.

Edit: spelling, grammar

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