I don't know about "vast conspiracy" and as a techie, I fully support testing in order to diagnose and repair.
However I just believe that the incentives are perverse and not improving, and it's begetting corruption. Doctors do not order tests out of personal concern for patient's well-being to start healing them; doctors are mandated top-down to tick boxes on a checklist and improve customer engagement.
As a techie, I also recognize how teched-up they are, and question why they need all that. I was shoved into a giant MRI and went through the whole theatrical adventure, and guess what - nobody touched that report. Nobody would read it, nobody would tell me what it meant, nobody would use it for treatment. It was hilarious. So glad it wasn't my pocketbook that time. And I had a real concern, not just a suspicion; my shoulder was bad, and fractures had already been ruled-out by a good old X-ray.
High-tech is able to supplant "safe, inexpensive and effective" by virtue of profit margins, patents, marketing, and customer perception. I've been honestly rather shocked once in a while, to see a nurse wearing a stethoscope, or checking BP by sphig.
I mean, do you realize how much of a fortune those guys are making by selling adhesive nasal strips, after we all developed a huge concern for apnea? What's that line about the American Space Pen and the Russian pencil???