It always confused me. A hospital has an MRI or some other machine, and you hear they try to use it as little as possible to cut costs, because it costs them this or that amount per usage. But why would that be if they own it?
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In the modern world, in western society, the cost of the machine is usually a pittance next to the cost of the person to operate it. A very simple example – a car used as a Uber. The car will last say four years – $60k, that’s $15k per year. Add a few thousand for insurance and then gas on top of that – maybe we are talking about as much as $30k a year.
The driver makes $60k at least. The driver is twice the cost of the car. That is true of just about any machine you can name. People are expensive. Machines are cheap.
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