I suggest that oversight of transactions by not-for-profits deserve equal attention. Not-for-profit hospitals systems are as aggressive in eliminating competition as any private equity firm, probably with equally disastrous outcomes. Additionally, the acquisition of private practices only serves to drive costs up and keep beds full, under the guise of ensuring better integration.
Anon - 3 months ago
I would not care if the transaction involves a for-profit hospital. If there is a nonprofit or not-for-profit, then absolutely there needs to be a review as public is indirectly funding it.
I suggest that oversight of transactions by not-for-profits deserve equal attention. Not-for-profit hospitals systems are as aggressive in eliminating competition as any private equity firm, probably with equally disastrous outcomes. Additionally, the acquisition of private practices only serves to drive costs up and keep beds full, under the guise of ensuring better integration.
I would not care if the transaction involves a for-profit hospital. If there is a nonprofit or not-for-profit, then absolutely there needs to be a review as public is indirectly funding it.