Birdwatch Note Rating
2024-12-13 07:46:33 UTC - HELPFUL
Rated by Participant: 97F017F9D70E6E0768AEE5842A899B4B5DD175882F30BA23A94D7B47A810E857
Participant Details
Original Note:
Physician compensation comprises a very small portion of hospital bills. One study showed that on average physician pay comprises 8.6% of hospital billing. https://siepr.stanford.edu/publications/health/who-values-human-capitalists-human-capital-earnings-and-labor-supply-us Administrated bloat is widely cited to have primarily driven the rising cost of healthcare. https://www.techtarget.com/revcyclemanagement/news/366600214/Healthcare-Administrative-Spending-Increased-by-50#:~:text=The%20eleventh%20annual%20CAQH%20Index,administrative%20spending%20reached%20%2482.7%20billion.
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