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Article: Cost of blood jumps as supplies begin running low.
- Article from:
- Los Angeles Business Journal
- Article date:
- June 14, 1999
- Author:
CopyrightCOPYRIGHT 1999 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In John Le Carre's latest novel, "Single & Single," renegade banker Tiger Single ominously advises his cohorts that "human blood is a commodity."
In Los Angeles, it's a commodity that's becoming harder to find - and more expensive.
Demand for blood is rising at hospitals throughout L.A. County while donations to blood banks continue to fall. In addition, the American Red Cross will use a new screening procedure starting next month that will boost the price hospitals must pay per unit by almost 10 percent - a cost that will probably be passed along to the patient.
Demand for blood in Los Angeles has steadily risen over the past nine months, ...