The year is 1900. Life expectancy is 47 years. Almost all hospitals in the U.S. are nonprofit institutions founded by religious organizations. More people die in war due to infection than in battle.

Fast-forward to today. Healthcare in the U.S. has ballooned into a massive industry worth $3 trillion. The United States spends approximately $9,237 per person for healthcare, roughly three times more than most other first-world countries. And yet, all that spending has not resulted in superior outcomes.

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