Medical Policies And Costs Hearings Ninety Third Congress First Session
Medical Policies And Costs Hearings Ninety Third Congress First Session
United States Congress Joint Economic Committee
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Edwards. We have really never developed in the system any way, of controlling the urge for every institution in a particular city to want to have their own renal dialysis unit and their own cardiac sur- gery unit, and so forth. All of these are reflected in this figure that Mr. Altman gave you. Some way or another, we have to come to grips with that problem as well. Mr. Altman. I think it is a terribly telling figure that if one looks back one step to the period just before the economic freeze,... when ex- 117 penses per patient day were going up by almost 15 percent — 14. 8— -6. 6 of that was due to these changes in new equipment and more hiring. One often hears the fact that this industry's rising costs are simply due to the fact that we have introduced minimum wage laws or had to raise the level. That is just not true. Representative Brown. It actually is the increase of services that the patient is getting that contributes a great deal. Mr. Altman. Well, it is increased manpower and increased equip- ment.
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