Teaching hospitals doesn't guarantee an increase in the number of doctors. Why would anyone become a doctor in this environment? Seems to me that doctors leaving the business is quite telling.More than that. Teaching hospitals, largely government funded, play ahuge role:
Discovering Tomorrow’s Cures
The integration of patient care with the best in medical education and research is the basis for much of what we take for granted in medicine today. As key centers of research, teaching hospitals are responsible for critical medical breakthroughs. From new approaches in prevention and diagnosis to successful treatments and cures, the advances pioneered at these institutions dramatically improve the health of our community. The list of medical firsts that were pioneered at America’s medical schools and teaching hospitals are long and distinguished. To name a few:
* The development of coronary angioplasty,
* The first pediatric trauma center
* The development of artificial skin made from living human cells
* The first human images with an MRI
* The first live polio vaccine
* The first successful bone marrow transplant
* The first intensive care unit for newborns
* The first human gene therapy for cystic fibrosis
* The first successful pediatric heart transplant
* The first to discover that adult heart diseases begin in childhood
Your Academic Teaching Hospital — University Medical Center Foundation of El Paso
The region's teaching hospitals collectively receive about $1.4 billion annually in federal grants, more than any other group of healthcare institutions in the country.
Funding slowdown worries hospitals - The Boston Globe
No direct dollars in grants at teaching hospitals and not private business.
Paying for it is paying for it. And too often real choice is limited. How much competition is there between oil companies? They are large and yet all prices are nearly the same despite large profits for each company. How about insurance companies? Any real difference in cost between companies? When Walmart puts everyone out of business, will costs go up or down?
Don't ignore anything. Those regulations served a real purpose and made things better than they were. bureaucracies are the costs of doing business. The alternative was to have lakes catch fire, eat tainted meat, suffer from poisoned Peanut butter. History shows us buyer beware means someone or something will be hurt without regulations, government involvement. Are you going to ignore that clear history?