It’s complicated. Hospitals aren’t necessarily making big bucks.
They have insane expenses. There are lots investments that are recouped in the doctors office: paying for medical school, buying downtown real estate, decades of medical research, etc.
Nobody says “we have $50 million to invest, let’s build a hospital.” Although investors occasionally buy them.
I don’t think US hospitals are for profit in the sense they have shareholder demanding a return on investment.
Doctors who have the ability to make lots of cash usually break out on their own asap.
So there’s probably some profit seeking, but not a lot.
I know plenty of folks who work for non-profit hospitals, and it’s a total mess. But it it’s usually organization chaos, and not profit seeking.
But I’ve heard stories of venture capital firms buying and shutting down hospitals, but never building them.
They have insane expenses. There are lots investments that are recouped in the doctors office: paying for medical school, buying downtown real estate, decades of medical research, etc.
Nobody says “we have $50 million to invest, let’s build a hospital.” Although investors occasionally buy them.
I don’t think US hospitals are for profit in the sense they have shareholder demanding a return on investment.
Doctors who have the ability to make lots of cash usually break out on their own asap.
So there’s probably some profit seeking, but not a lot.
I know plenty of folks who work for non-profit hospitals, and it’s a total mess. But it it’s usually organization chaos, and not profit seeking.
But I’ve heard stories of venture capital firms buying and shutting down hospitals, but never building them.