What Does Heart Surgery Really Cost, And Why Is It 70 Times More Expensive In The US?by Tyler Durden
Jul. 29, 2013
Black Guy Walks Into Starbucks, Calls Them 'Racist,' Demands Free Coffee, Gets It Immediately
Laura Ingraham Interviews Comedian Who Requested Free Coffee From Starbucks As 'Reparations'
Syria Says U.S.-Led Strike Destroyed Pharmaceutical Research Institute Working On Cancer Drugs
UK Journalist Visits Syria, Local Doc Tells Him Douma Victims Suffered From Oxygen Starvation, Not 'Chem Attack'
Google Lawsuit: Senior Engineer Sought to 'Blacklist Alt-Right Websites' Like 'Breitbart,' Purge YouTube
Indian philanthropist and cardiac surgeon, Devi Prasad Shetty is obsessed with making heart surgery affordable for millions of Indians. As Bloomberg notes, Shetty is not a public health official motivated by charity. He's a heart surgeon turned businessman who has started a chain of 21 medical centers around India. By trimming costs, he has cut the price of artery-clearing coronary bypass surgery to 95,000 rupees ($1,583), half of what it was 20 years ago, and wants to get the price down to $800 within a decade. The same procedure costs $106,385 at Ohio's Cleveland Clinic. Of course, this will come as no surprise after we showed the incredible spread of the price of an appendectomy. "It shows that costs can be substantially contained," notes the World Heart Federation, "it's possible to deliver very high quality cardiac care at a relatively low cost." But, for Americans of course, when you have government footing the cost (and deficit spending), who cares?