We do outspend them massively, for the same reason that a Mercedes costs more than a Yugo. With medical care, as with everything else, you get what you pay for. The solution is to get the government further OUT of healthcare, not further in. Too much government increases the cost of everything. How much is a toilet seat on a military aircraft versus a toilet seat from Home Depot?
Also, statistically despite the queues and waiting for treatment, they are getting better results on infant mortality, and a host of other medical issues. This is not a condemnation of our own system, but it's certainly not going to further efforts here politically to decouple government from healthcare.