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This Element is an excerpt from Overhauling America's Healthcare Machine: Stop the Bleeding and Save Trillions (9780132173254) by Douglas A. Perednia. Available in print and digital formats.
America’s stunningly complex, insanely inefficient healthcare billing system: How it works--or, more precisely, doesn’t work.
No single aspect of the healthcare system is more inefficient, destructive, and harmful to the average American than the way in which medical services are currently priced, billed, and paid for. It is hard to conceive of a system that is harder to understand, more difficult to adhere to, more expensive to implement and operate, and less conducive to the public welfare than ours....