HMO profitability continues to go down the drain

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Posted on: Wednesday, December 8, 1999

HMO profitability continues to go down the drain
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Reuters and Yahoo News report that HMO profitability declined sharply in 1998. The health maintenance organizations (HMOs) posted a collective net loss of $1.25 billion according to the report.

If we continue to apply sick care to a healthy society, what do we expect to get?
Dr. Ian Grassam said it over and over again, "they continue to do the same thing day after day, each day expecting a different result... that's the definition of insanity."

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