By Donavan Pyle
Hospitals founded health insurers throughout the 1930s so that they could stabilize their revenues during the Great Depression.
Insurers are wholesale distribution partners for hospitals, and brokers serve as retail distribution for insurers.
All three benefit from rising prices.
This historical development has distanced you, the payer, from the actual cost and quality of care.
As a CFO, you have a fiduciary duty to get this right.