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re: What industry “secret” do you know that most people don’t?

Posted on 3/9/24 at 8:55 pm to
Posted by rintintin
Life is Life
Member since Nov 2008
16195 posts
Posted on 3/9/24 at 8:55 pm to
quote:

I'm going to need to see some numbers to back this up


Of course I can't give you exact numbers but I'll tell you the majority of hospitals in Minnesota (a huge healthcare market) were net negative last year.

It's similar across the country.

I see alot of hospitals financial statements, and like I said, most patients are net losers.
This post was edited on 3/9/24 at 8:58 pm
Posted by TheWalrus
Member since Dec 2012
40734 posts
Posted on 3/9/24 at 9:08 pm to
I worked in consulting. In our proposals, they would list all the senior people and key industry analysts that worked at our company. Most of these people did absolutely zero work on the project or don’t even know the project existed. 95% of the work was done by workers in India with some junior level US consultants doing the more complex stuff.
Posted by Bruco
Charlotte, NC
Member since Aug 2016
2797 posts
Posted on 3/9/24 at 9:11 pm to
quote:

see alot of hospitals financial statements, and like I said, most patients are net losers.


How is there money for never ending new building projects?

I pass a massive hospital complex every day in charlotte (Atrium Health) and it’s been under construction for 10 years non stop.

Next up is a $900 million 448 bed facility adjacent to the existing campus as well as a $1.5 billion investment in a new medical campus and medical school partnering with Wake Forest University. They’ve also land banked tons of adjacent property to develop as they need.

There is no end to the capital they can deploy. Yes this is one anecdotal example
Posted by VernonPLSUfan
Leesville, La.
Member since Sep 2007
15876 posts
Posted on 3/9/24 at 9:16 pm to
Buy low, sell high.
Posted by OweO
Plaquemine, La
Member since Sep 2009
114038 posts
Posted on 3/9/24 at 9:41 pm to
quote:

Somebody a long time ago told me Taco Bell meat is "Grade E - but edible"



I don't know if it is still like this, but someone I know who was working for a law service that cut the grass for several taco bells in baton rouge told be he would see the cans the meat came in, in the garbage and it absolutely said "Grade E- BUT EDIBLE" on the cans.

That's pretty much dog food.
Posted by Dairy Sanders
Member since Apr 2022
947 posts
Posted on 3/9/24 at 10:00 pm to
That Taco Bell thing is a complete bullshite urban legend that goes back decades lol. Y’all will seriously believe anything.
Posted by PowerTool
The dark side of the road
Member since Dec 2009
21213 posts
Posted on 3/9/24 at 10:07 pm to
quote:




EYEEEE

WITNESS

NEWWZZZZ
Posted by pelicanpride
Houston
Member since Oct 2007
1299 posts
Posted on 3/9/24 at 10:09 pm to
In college, I worked a couple of years as a waitress. One place was a really nice restaurant. The others weren’t. In the back, it made no difference. NEVER BE RUDE TO THE PEOPLE HANDLING YOUR FOOD. I can’t believe the shite I saw. I was literally the only person who refused to defile the food of rude customers. The other servers made fun of me for it. If you are an arse to your server, I hope you like having your steak wiped on the floor before it’s put on your plate.
Posted by GruntbyAssociation
Member since Jul 2013
3811 posts
Posted on 3/9/24 at 10:15 pm to
Chinese cleaners use Calgon to soften the water. It’s an ancient Chinese secret.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65873 posts
Posted on 3/9/24 at 10:17 pm to
Gas stations don’t get 89 octane gasoline deliveries.

They blend it onsite by their pumps being calibrated to deliver two parts 87 octane and one part 93 octane.
Posted by ColdTurkey
Where the Buffalo roam...
Member since Nov 2019
7631 posts
Posted on 3/9/24 at 10:19 pm to
quote:

I worked in consulting. In our proposals, they would list all the senior people and key industry analysts that worked at our company. Most of these people did absolutely zero work on the project or don’t even know the project existed. 95% of the work was done by workers in India with some junior level US consultants doing the more complex stuff.


That's interesting. I have family high up in consulting that work pretty damn hard. Senior project manager, etc. I'm sure it varies greatly between firms.
Posted by Lateralus1
Member since Mar 2024
304 posts
Posted on 3/9/24 at 10:35 pm to
quote:

Plastic soda bottles used to have a plastic gasket in the cap. They don’t anymore. This causes them to go bad much quicker than before.


Had totally forgotten about those. When did it stop?
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59753 posts
Posted on 3/9/24 at 10:36 pm to
Truth.

Posted by Thundercles
Mars
Member since Sep 2010
5101 posts
Posted on 3/9/24 at 10:36 pm to
Tough when you think you're going to drop some hot knowledge in a thread early but you're wrong and everyone just piles on from there.
Posted by Korkstand
Member since Nov 2003
28712 posts
Posted on 3/9/24 at 10:41 pm to
quote:

Of course I can't give you exact numbers
Of course.
quote:

but I'll tell you the majority of hospitals in Minnesota (a huge healthcare market) were net negative last year.

It's similar across the country.

I see alot of hospitals financial statements, and like I said, most patients are net losers.
FOUR TRILLION DOLLARS and the industry just can't manage to make ends meet? $1,000 PER MONTH from each and every American man, woman, and child, and that's just not quite enough? We spend 50% more than the second most expensive country in the world (Switzerland), twice as much as the Canadians and the British, and the system is barely staying afloat?

Somebody is getting paid. Is it worker wages? Big pharma? Insurance companies? Equipment manufacturers? Government? All of the above?

Is it wasteful spending? Big bets that didn't materialize? Inefficient processes? Too much specialization?

What's the real industry secret?
Posted by Korkstand
Member since Nov 2003
28712 posts
Posted on 3/9/24 at 10:45 pm to
quote:

That Taco Bell thing is a complete bullshite urban legend that goes back decades lol. Y’all will seriously believe anything.
True or not idgaf. If it's dog food I would watch them peel the can open and squirt that grade E meat on my tacos and I would still eat half a dozen of them.
Posted by rintintin
Life is Life
Member since Nov 2008
16195 posts
Posted on 3/9/24 at 10:46 pm to
quote:

How is there money for never ending new building projects?


I assure you "never ending projects" are not approved for all.

But it's like any other big companies, they can secure debt fairly easily with the banks because they're considered safe investments or they already have huge debts to them.



This post was edited on 3/9/24 at 10:48 pm
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76541 posts
Posted on 3/9/24 at 10:51 pm to
quote:

Criminal defense attorneys hate representing innocent clients. It is so much more pressure.


Also truth. There are a few innocent defendants.
Posted by TheArrogantCorndog
Highland Rd
Member since Sep 2009
14820 posts
Posted on 3/9/24 at 10:57 pm to
The majority of digital billboards from the #1 billboard company in the US steal your cell phone data every time you pass by one. They consider it geofencing, but they can capture your data when you drive by, so they can sell the info to their customers.

Example...
Academy Outdoors, during the hours of 5-7am, 350 plant workers pass by this billboard who have looked up a product you sell... would you like to purchase a repeating 10 second advertisement during those hours?
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
43700 posts
Posted on 3/9/24 at 11:05 pm to
Pretty much mfer that has made a fortune in this country committed serious crimes to do it. Most did it by ripping off the government.

The us military can’t account for billions every year, and doesn’t have too because congress is nothing but pussies
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