Debating the benefits of regulation.

Franklin Square Hospital Center, Baltimore, spent nearly $1 million in 1989 on certificate-of-need and incinerator requirements alone, said Charles Mross, above, the hospital's president. Modern Healthcare asked Franklin Square and two other hospitals to estimate last year's regulatory costs (p. 40), and a broader study of regulatory costs was commissioned for this report on government regulation's merits and its impact on hospital overhead.