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Below is a link to an NY Times expose on HCA, an expanding for-profit nationwide hospital chain that is serving as the model for many other hospital chains, so it's worth a read.
http://www.nytimes.com/2012/08/15/b...ndfall-for-private-equity.html?pagewanted=all
Over-charging bordering on fraud, ordering procedures (including heart surgery) that are not necessary, mass under-staffing, patient quotas forced on doctors, punitive actions against doctors who make any noise.
They managed to hit every single stereotype of a for-profit hospital chain. If this is where the market is going, it is very disturbing...
http://www.nytimes.com/2012/08/15/b...ndfall-for-private-equity.html?pagewanted=all
Over-charging bordering on fraud, ordering procedures (including heart surgery) that are not necessary, mass under-staffing, patient quotas forced on doctors, punitive actions against doctors who make any noise.
They managed to hit every single stereotype of a for-profit hospital chain. If this is where the market is going, it is very disturbing...