This is why 60 cents or more out of every health care dollar spent goes to administrative and regulatory costs. Bureaucracy.
A lot of truth there - much of the regulatory costs and bureaucracy was driven by the Affordable Care Act. My wife had a BSN and worked as a RN before going back to get her MSN, Informatics. Basically they interpret government regulations and keep the hospital in compliance with the ACA and Medicare. It's a very fast growing and in-demand medical field.
