Warping the market for health care

The GPO [Group Purchasing Organization] safe harbor is unique in federal law, permitting vendors to pay kickbacks to GPOs who in turn pay kickbacks to hospitals and for-profit hospital executives in return for sole-source contracts. This legalized banana republic corruption warps traditional free market incentives that give us continuously improving products and services at lower cost.

Via Rubens: Drug Prices, Crony Capitalism and Political Reform @ Exeter Patch.

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