A doctor-run HMO in Florida goes belly-up – probably physicians don’t have the business sense to compete with the major insurers:
“We were either nincompoops who didn’t know how to run a business, or high-quality healthcare just isn’t affordable in today’s world,” said Julio C. Pita Jr., a Miami doctor who was one of the founders. “It could be a little of both. . . . I’m immensely disappointed.”
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