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Detailed text transcripts for TV channel - CNN - 20100427:11:27:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:11:27:00

Medical supply company. why? four times. because people want to know why. >> i think everybody understands the notion that when you buy something, let's say like, a steak and want to have a really nice steak dinner at home, it's a lot less expensive to prepare it and enjoy it at home than it is in a restaurant. >> reporter: they want to charge you $863 for a disposal piece of equipment, they can do it? >> the hospital has to bring in more money than it spends or it won't be there for next patient. >> so he's intim ating there there's a cost markup to cover the costs of the hospitals. do they h...

Detailed text transcripts for TV channel - CNN - 20100427:17:25:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:17:25:00

Had, $1923. >> you paid $863 but you can buy it from a medical supply company for $192. >> yes, yes. that's very troubling. >> well, what i'm going to do is i'm going to go to the american hospital association and ask them, please explain this mark of up to me. >> i thoroughly agree with that. >> so the mark-up on these forceps was more than four times what it would cost to get it from a medical supply company. why, four times? because people want that, people want to know why. >> i think everybody understands the notion that when you buy something, let's say like a steak and you want to have ...

Detailed text transcripts for TV channel - CNN - 20100427:12:30:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:12:30:00

It from a medical supply company for $192. >> reporter: i'm going to go to the american hospital association and ask them to please explain this markup to me. >> reporte >> i thoroughly agree with that. >> reporter: the markup was more than four times to get it from a medical supply company. why four times? people want to know why. >> i think everybody understands the notion that when you buy something, let's say like a steak and you want to have a really nice steak dinner at home, it's a lot less expensive to prepare it and enjoy it at home than it is out in a restaurant. >> if they want to c...

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Detailed text transcripts for TV channel - CNN - 20100427:12:29:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:12:29:00

>> reporter: you recently had an experience in the hospital that really blew your mind? >> when i got out of the hospital and got the bill, i definitely had an alarming experience. i received my bill and noticed some items that were totally inflated. fo foreceps, $853.50. i was outraged. i said, i'm a physician. this is an instrument that you are going to throw way. i encountered a very arrogant young man who basically said, when you sign consent for the procedure, you allowed us to charge you anything we wanted to. >> so you then went on the internet to see what it would cost to get a pair of...

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Detailed text transcripts for TV channel - CNN - 20100427:14:25:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:14:25:00

That was used $8463, and you can buy one for $192. >> yes. >> i'm going to go to the american hospital association and i'm going to ask them please explain this markup to me. >> i thoroughly agree with that. >> so the mark-up on these forceps was more than four times than what it would cost to get from a medical supply company. why four times? because people want that -- people want to know why. >> i think everybody understands the notion that when you buy something, say like a steak, and you want to have a really nice steak dinner at home. it's a lot less expensive to prepare it and enjoy it ...