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by klipt 3280 days ago
> shareholder profits

Do intelligent people ever go to for-profit hospitals? I'd group those with for-profit universities and for-profit prisons as "nope, not touching that, stay as far away as possible and hope they all disappear".

2 comments

No matter your intelligence, if you're having a heart attack, you go to the nearest hospital, whatever its tax status may be.
Okay, but apart from emergencies, why would anyone go to a hospital whose goal is profit when all the best research hospitals are non-profit?
Your tax status doesn't necessarily indicate what your goals are. SpaceX and Tesla are for-profit and the Susan G Komen foundation is non-profit.
But do you have any actual counter-examples to "all the best research hospitals are non-profit"?
Do you have any price comparisons between for-profit and non-profit hospitals?
non-profit hospitals and non-profit universities have had exorbitant price increases in the last few decades so they aren't doing any better
Maybe, but for the same expense I'd rather go to (non-profit) Harvard than (for-profit) Trump University.

All the best universities are non-profit, for the obvious reason that it allows them to keep massive endowments, which are spent on better education instead of being paid out to investors.