The lines start early. At 4,500 beds, the Sichuan Provincial Hospital in Chengdu is 10-20x the size of a typical US hospital. It's not only huge but busy. Imagine a busy train station with queues and the bustle of a city. Hospitals in China have bed utili ...
Bond markets, while boring and somewhat aloof for most people, are a source of early signals and key news. When bond investors make big moves to discount a specific bond's price, be careful (as they say in Mexico, aguas). Such is the fate of a few privat ...
If you subscribe to Fortune, you're likely surprised and excited by the heft of the issue on the biggest 500 firms. It's a formidable group: $23T in market value, 29 million global employees, and over $1T in profit. With covers to sell, a cursory look fo ...
Lasik is odd in at least two ways. It's a rare deflationary healthcare category. It's also awkwardly priced at $2,000 per eye. "Shoes for sale, $50 per shoe." Could healthcare be more like Lasik, shoppable, and deflationary? There are key differences. Th ...
In 1966, Look Magazine published an article on US hospital bills, and "why some patients pay too much." Opacity was already an issue, albeit much smaller than now. The 1960s language points to payment and collection issues from "welfare," "indigents," a ...
