1/16/2007
wow, wow, it's a miracle!
It's a miracle! It's a miracle! '
It's confirmed - the online publication of hospital bill sizes has generally resulted in lower prices for patients. This is the conclusion of a 16 month study published in the latest issue of the Singapore Medical Journal.'
The average drop in bill sizes is between 8 to 10 percent with the highest around 24%. According to the SMA, the most significant and rapid decrease is shortly after the announcement and with more to follow later.
Wow, wow, no need any cost cutting measures and management analysis or any special campaigns. We should tell this to all the other organisations and also to the world. This is really a very significant economic discovery of the century.
But one thing cannot be published. If people think that making organisation published their salaries will lead to a fall in the salary cost, think again. Once top management know their salaries and found them to be lesser than their peers, they will sure that they will raise it under whatever excuses to be right at the top.
The motivation for this reaction is that their self worth is measured by how much they earn. If the loansharks make more than them, then it will be a slap in their egos and market value.
So publish any other costs and fees, but not salaries.
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