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by pyuser583 1124 days ago
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.