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5/17/2007

Gravity defying act

The New NKF is going to become a model organisation in another way. The new management has just taken over for a short period of time and the cost to dialysis patients has gone down by 4 times. This is gravity defying, unheard off and unnatural in the Singapore context. How can cost go down instead of going up? Would they be sending out the wrong signal, that medical cost can actually come down instead of going up? Anyway, good work New NKF.

2 comments:

Matilah_Singapura said...

If a market is working correctly (i.e. if interference is limited or essentially ineffectual) , the selling cost of products tend to fall over time.

No mystery here — market forces at work.

Anonymous said...

This goes to show that NKF under TTD has done a lousy job despite collecting more donation.