Archive for November 25th, 2013

November 25th, 2013

For Profit Hospital Care: Proceed With Caution

by Christopher O'Brien
Chris Murphy

U.S. Senator Chris Murphy

By Sen. Chris Murphy

Hospitals represent many things to Americans, from hope during time of illness to philanthropic organizations assisting the uninsured to a major employer within many communities.

But hospitals have also become something else: big business. In Connecticut, we are accustomed to patient care provided by nonprofit, community-oriented hospitals. That is because in Connecticut, 28 of our 29 acute-care hospitals are not-for-profit. Every dollar they make goes back into their mission and their community.

 

However, Connecticut is quickly becoming an anomaly. Today, one in five American hospitals are owned by for-profit entities — an astonishing 50 percent increase from a decade ago.

read more »