Healthcare Industry: The Circle of Profit

 


‘The chief purveyor of human pain and suffering is the Healthcare Industry itself – it thrives on the pain and suffering of human beings. The Healthcare Industry is the largest and fastest, in fact, the only, growing sector of the US economy – It is a $2.88 trillion industry, and is expected to cross the $3.0 trillion mark in 2015, making it almost a 20% component of the United State’s GDP (it was just 0.25 percent of GDP at the beginning of the 20th century). This is the only industry in the US that is immune to the overall recessionary effects of the economy.

The Healthcare Industry, a sector that includes the pharmaceutical industry, physicians, dentists, hospitals, home healthcare, and nursing homes, projects its growth to be at an annual compounded rate of 6-7 percent between 2014 and 2017.’

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