Mark Cuban explains why US hospitals are blind to their own costs

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Billionaire entrepreneur Mark Cuban has spoken out about a fundamental financial problem within the US healthcare system: hospitals largely do not know their true operating costs. Cuban, who co-founded the pharmacy startup Cost Plus Drugs, argues that opaque pricing structures and complex billing systems prevent hospitals from accurately tracking expenses. This lack of cost transparency contributes to inflated and inconsistent pricing for patients and insurers alike. Cuban believes that greater financial visibility within hospitals could be a key step toward making healthcare more affordable in the United States.

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