Pros And Cons Of Investor-Profit Hospitals

230 Words1 Pages
Investor-owned, for profit hospitals grew from a physician owned facilities, before the 1965 Medicare and Medicaid legislation to 982 in 2009. (Sultz and Young 2010). The physician-owned specialty hospitals have limits on their services. Such three major categories are, orthopedics, surgery and cardiology. The new specialized hospital delivers greater efficiency, and take pride in the excellent care provided in their targeted services. However, the specialized hospitals treat less complex and more profitable cases, leaving the more difficult, less profitable, or uninsured to be served by community hospitals. In addition, since its physician pre-owned specialized hospitals directly profits the physician, there are concerns the clinical decisions