Hospitals are not in a price sensitive field of service.
The reason it's not price sensitive is the third party payer system. No one is motivated to demand lower prices for particular services if costs are spread out to everyone evenly regardless of their magnitude.
A better system was the insurance model, i.e., you have a heart attack, your policy pays out TO YOU a specified predetermined amount, e.g., $250,000.00. If you minimize your expenses, you pocket the remainder. You don't, and your expenses exceed your compensation.
