The Cartelization of Heathcare: The Alarming Statistics Behind Healthcare Profits

The healthcare industry is at a crossroads financially as Americans struggle to cover medical costs and profits soar following the COVID pandemic. The push for change is getting louder every day, and one of the strongest voices is coming from North Carolina State Treasurer Dale Folwell. He describes the issue as ‘the cartelization of healthcare’ and has outlined four significant changes that he wants to see happen. Find out what those are and listen as we highlight some alarming financial statistics.   Here are some of the things you’ll learn on this show: Background on why he uses the word cartel to describe healthcare. 2:35 The 3 things that he wants to accomplish as Treasurer. 5:45 Stats that show the significant financial toll healthcare costs takes on Americans. 8:22 Hospital profits during COVID. 11:19 The vast discrepancy in wage increases between frontline workers and executives. 21:28 His support for nurse anesthetists through the years. 23:53 CEOs motivated to put the profits over the patients. 28:23 What would legislative action look like to enact changes in the healthcare industry? 32:15   Support Team Emma Kate Brekken: https://grouprev.com/HALOSWALK2023-grant-brekken  About our guest: https://kristenziman.com/ Visit us online: http://beyondthemaskpodcast.com  Get the CE certificate here: https://beyondthemaskpodcast.com/wp-content/uploads/2020/04/Beyond-the-Mask-CE-Cert-FILLABLE.pdf     We're excited to share that Beyond The Mask has been recognized in the 18th Annual People's Choice Podcast Awards. We're nominated in two prestigious categories: the coveted 'People's Choice Award' and 'Best Healthcare Podcast.' We're asking you to vote for us in the People's Choice Podcast Awards. Your vote not only helps us win but also spreads the word about our mission to demystify our corner of the healthcare industry, one story at a time. Cast your vote here: https://www.podcastawards.com/