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by matwood
678 days ago
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I put a company like ManorCare under healthcare. In fact after bankruptcy it was taken over by a non-profit group. Also, profitable is not the measure. Blame capitalism or investors or ourselves. I know I'd rather put my money earning 5% rather than 1%. Both are profitable, but the 1% is not the best use of my capital. As I said above and again here, healthcare related services should not be under the profit pressures of regular businesses (though then you have to deal with other issues of inefficiencies and waste). |
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