I feel like there are deep implications in this article about healthcare costs.

If hospitals don’t compete on price, what really motivates them to find a cheaper ventilator?

If they aren’t all that motivated to find a cheaper ventilator, are the ventilator manufacturers motivated to develop a simpler and cheaper version of their technology? Not so much. They might be more motivated to lobby for regulations making cheaper solutions illegal to protect their business.

And so forth.

Fascinating. Demoralizing.