The Texas Business Hall of Fame's Creators 2025 event brought TBHF Legends John Arnold and Mark Cuban together to discuss curbing costs through Cost Plus Drugs and incremental change. This insightful discussion was moderated by Vivian Ho, and the panel provided strategies for healthcare reform and getting costs under control.
"Nearly half of hospitals in the U.S. are nonprofits, which means they don’t pay local, state or federal taxes. In return, the hospitals provide medical care, a social benefit, to their communities."
Houston Public Media hosted Vivian Ho to discuss her co-authored report that compared price and quality at Houston-area hospitals. It suggested hospitals with a higher cost may not necessarily provide better quality care.
“Because of inflation, I think people have to make tough choices,” Vivian Ho, the James A. Baker III Institute Chair in Health Economics, said. “They have to decide, am I going to pay the rent? Am I going to buy food? Or am I going to get medical care that I could have now or later?”
Some hospitals are struggling to keep their doors open as borrowing costs increase. For rural hospitals that have to borrow to cover expenses, “the higher interest rates are going to be very difficult for them to manage,” said Vivan Ho, the James A. Baker III Institute Chair in Health Economics.