Why Is Health Care Profitable

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How U.S. Health Care Became Big Business - NPR

(2 days ago) WebOn the ways the health-care industry stands to profit more from lifetime treatment than it does from curing disease. If you're a pharmaceutical manufacturer and you have a problem like diabetes

https://www.npr.org/sections/health-shots/2017/04/10/523005353/how-u-s-health-care-became-big-business

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There Is Nothing Wrong With Healthcare Profits - Forbes

(7 days ago) WebElizabeth Warren says she’s “never met anyone who likes their health insurance company ” and excoriates insurance companies for maximizing “their profits by saying ‘no’ to coverage

https://www.forbes.com/sites/peterubel/2021/11/22/there-is-nothing-wrong-with-healthcare-profits/

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Understanding why health care costs in the U.S. are so high

(Just Now) WebThe high cost of medical care in the U.S. is one of the greatest challenges the country faces and it affects everything from the economy to individual behavior, according to an essay in the May-June 2020 issue of Harvard Magazine written by David Cutler, professor in the …

https://www.hsph.harvard.edu/news/hsph-in-the-news/understanding-why-health-care-costs-in-the-u-s-are-so-high/

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How hospitals profit even when many patients are in …

(4 days ago) WebAcross the U.S., many hospitals have become wealthy, even as their bills force patients to make gut-wrenching sacrifices. This pattern is especially stark for health care systems in Dallas-Fort Worth.

https://www.npr.org/sections/health-shots/2022/09/28/1125176699/some-hospitals-rake-in-high-profits-while-their-patients-are-loaded-with-medical

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Operating Margins Among the Largest For-Profit Health …

(2 days ago) WebOperating margins reflect the profit margins earned on patient care and other operations of a given health system—such as from gift shops, parking, and cafeterias—and incorporate government

https://www.kff.org/health-costs/issue-brief/the-largest-for-profit-health-systems-have-exceeded-their-2019-financial-performance-for-the-majority-of-the-covid-19-pandemic/

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Profits and Health Care: An Introduction to the Issues

(5 days ago) WebFew changes in the organization of health care in the United States have stimulated more interest and alarm than the rise of a new form of entrepreneurism—investor-owned, for-profit organizations that provide …

https://www.ncbi.nlm.nih.gov/books/NBK217897/

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Profitability and risk-return comparison across health care …

(3 days ago) WebIntroduction. Comparing profitability across industries is often needed for evidence-based health care policy policymaking. For example, profit margins (profit/revenue) among drug companies, software companies, and companies from …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9668191/

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A dozen facts about the economics of the US health-care …

(9 days ago) WebA well-functioning health-care sector supports well-being and is a prerequisite for a well-functioning economy. Unfortunately, the problems with U.S. health care—from high prices to excessive

https://www.brookings.edu/articles/a-dozen-facts-about-the-economics-of-the-u-s-health-care-system/

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Good health is good business. Here's why McKinsey

(8 days ago) WebThe economy would get a much-needed boost. Adding up all the ways better health lifts the economy, we estimated that better health could increase global GDP by $12 trillion in 2040—an 8% boost, or 0.4% faster growth a year. And investing in health …

https://www.mckinsey.com/mgi/overview/in-the-news/good-health-is-good-business

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Why Making A Profit In Health Care Is Good - Forbes

(5 days ago) WebProfit is one measure of how much good you are doing. A profitable medical enterprise is one that takes resources that have a value elsewhere in the economy (as measured by the cost) and creates

https://www.forbes.com/sites/johngoodman/2015/10/21/why-making-a-profit-in-health-care-is-good/

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Some workers at U.S. hospital giant HCA say it puts profits above

(2 days ago) WebHCA is a health care juggernaut, employing 284,000 people in 182 hospitals and 125 surgery centers across the country and in the U.K. Operating in 20 U.S. states, HCA generated almost $7 billion

https://www.nbcnews.com/health/health-news/workers-us-hospital-giant-hca-say-puts-profits-patient-care-rcna64122

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How health insurance changed from protecting patients to …

(1 days ago) WebWith aggressive marketing and closer ties to business than to health care, these for-profit plans slowly gained market share through the 1970s and 1980s. It was difficult for the Blues to compete. From a market perspective, the poor Blues still had to worry about their …

https://stanmed.stanford.edu/how-health-insurance-changed-from-protecting-patients-to-seeking-profit/

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In the U.S. “Healthcare” Is Now Strictly a Business Term

(3 days ago) WebIn primary care, patients feel they are left unheard because doctors spend just 15 minutes with them. and drug and medical device manufacturers have made billions in the business of healthcare. Publicly traded, for-profit health insurers, for example, …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5942015/

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ACP Says Profit Motive in Medicine May Contribute to a Broken …

(9 days ago) WebWASHINGTON, D.C. Sept. 7, 2021 –Profit motive in medicine may contribute to a bloated, complex, and fragmented health care system said the American College of Physicians (ACP) in a new policy paper published today in the Annals of Internal Medicine. The …

https://www.acponline.org/acp-newsroom/acp-says-profit-motive-in-medicine-may-contribute-to-a-broken-health-care-system

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Who profits most from America’s baffling health-care system?

(4 days ago) WebFour private health insurers account for 50% of all enrolments. The biggest, UnitedHealth Group, made $324bn in revenues last year, behind only Walmart, Amazon, Apple and ExxonMobil, and $25bn in

https://www.economist.com/business/2023/10/08/who-profits-most-from-americas-baffling-health-care-system

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Is our healthcare system broken? - Harvard Health

(Just Now) WebThe current US healthcare system has a cruel tendency to delay or deny high-quality care to those who are most in need of it but can least afford its high cost. This contributes to avoidable healthcare disparities for people of color and other …

https://www.health.harvard.edu/blog/is-our-healthcare-system-broken-202107132542

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UnitedHealth Group Reports $4.7 Billion Profit As Optum And …

(1 days ago) WebUnitedHealth, a nationwide provider of medical care benefits under the Optum umbrella and a company that pays for benefits through its health insurance plans, Friday said net income increased to

https://www.forbes.com/sites/brucejapsen/2023/01/13/unitedhealth-group-reports-47-billion-profit-as-optum-and-health-plans-maintain-momentum/

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Why investors are pouring billions into primary care - Advisory

(3 days ago) WebHowever, Song also noted that the flood of private investment into primary care may increase the risk that profit motives could eventually outweigh patients' best interests. "The trust between a patient and a primary-care clinician is especially …

https://www.advisory.com/daily-briefing/2022/02/24/primary-care

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Why health systems are faring better so far in 2024

(7 days ago) WebSTAT took a look at 20 large nonprofit health systems and found that all but four reported higher operating and net margins in the first three months of 2024 compared with the same period in 2023

https://www.statnews.com/2024/05/20/hospitals-strong-first-quarter-trim-health-insurance-margins/

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Health Care for Profit or People? - Santa Clara University

(9 days ago) WebThird, for-profit health care enterprises produce benefits for society because for-profits have greater and quicker access to capital at lower costs than do non-profits. At a time when massive investments of capital are needed to keep up with the state of the art in …

https://www.scu.edu/mcae/publications/iie/v1n4/healthy.html

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New AHA Report: Hospitals and Health Systems Continue to Face …

(5 days ago) WebThe American Hospital Association (AHA) is a not-for-profit association of health care provider organizations and individuals that are committed to the health improvement of their communities. The AHA advocates on behalf of our nearly 5,000 …

https://www.aha.org/press-releases/2024-05-02-new-aha-report-hospitals-and-health-systems-continue-face-rising-costs-economic-pressures

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The skyrocketing cost of health care is creating ‘a new type of

(1 days ago) WebThe affordability crisis comes down to two things, according to Larry Levitt, executive vice president of health policy at Kaiser Family Foundation: cost, which in the U.S. is double its level in

https://fortune.com/2024/05/22/health-care-cost-new-pandemic/

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The top 20 health care ETFs of the decade Financial Planning

(1 days ago) WebIn 2022, health spending made up 17.3% of the country's gross domestic product, according to the Centers for Medicare & Medicaid Services. In total, Americans spent $4.5 trillion on their medical

https://www.financial-planning.com/list/the-top-20-health-care-etfs-of-the-decade

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"Why Nonprofit Hospitals Can’t Fix the Health Care Crisis"

(7 days ago) WebThis intervention is justified by evidence that, by some financial measures, nonprofit hospitals do not behave differently than for-profits. However, cost-shifting to nonprofit hospitals will not solve the health care crisis. This strategy will likely backfire by …

https://law.ucla.edu/news/why-nonprofit-hospitals-cant-fix-health-care-crisis

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Is Health Care a Good Career Path? Outlook, Jobs, and More

(7 days ago) WebHealth care in the United States is a booming industry with a wide range of jobs offering salaries exceeding the national median. While the Covid-19 pandemic illustrated the importance of health care professionals across the country, the truth is …

https://www.coursera.org/articles/is-health-care-a-good-career-path

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Healthcare Costs Are a Major Driver of the National Debt and …

(3 days ago) WebUnder current law, the nation’s debt trajectory will rise from nearly 100 percent of gross domestic product (GDP) in 2024 to 166 percent in 2054. One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare …

https://www.pgpf.org/blog/2024/05/healthcare-costs-are-a-major-driver-of-the-national-debt-and-heres-the-biggest-reason-why

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Op-Ed: Key factors in why America spends more on health care

(5 days ago) WebThe U.S. spends about twice as much per capita on health care as the average of other developed countries, and we don’t have better outcomes to show for our outsized spending. Top answers that my students give to this question — before doing …

https://www.njspotlightnews.org/2024/05/mergers-consolidations-among-hospitals-factors-in-expensive-us-health-care/

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The health care problems that money doesn’t want to solve

(8 days ago) WebSome of America's most challenging behavioral health care problems include a key disadvantage: They're not very profitable to treat. Why it matters: Serious mental illness and addiction have a

https://www.msn.com/en-us/health/other/the-health-care-problems-that-money-doesn-t-want-to-solve/ar-BB1hq2oX

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AHA Board Chair-elect delivers remarks at health care investor

(5 days ago) WebMay 22, 2024 - 02:32 PM. AHA Board Chair-elect Tina Freese Decker, CEO of Michigan-based Corewell Health, May 21 addressed more than 400 hospital and health system leaders and investors at the 2024 Not-for-Profit Health Care Investor …

https://www.aha.org/news/headline/2024-05-22-aha-board-chair-elect-delivers-remarks-health-care-investor-conference

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Damaging hacks expose the weak underbelly of America’s health …

(9 days ago) WebLink Copied! A pair of recent ransomware attacks crippled computer systems at two major American health care firms, disrupting patient care and exposing fundamental weaknesses in the US health

https://www.cnn.com/2024/05/16/tech/damaging-hacks-expose-the-weak-underbelly-of-americas-health-care-system/index.html

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Walmart health care closings may mean less access for rural patients

(9 days ago) WebPatients face longer trips, less access to health care after Walmart shuts clinics. For rural and lower-income Americans, staying healthy will become more time-consuming, with longer drives and

https://www.usatoday.com/story/money/personalfinance/2024/05/12/walmart-health-centers-closing-less-access/73619365007/

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Ethical Issues in For-Profit Health Care

(5 days ago) WebDan W. Brock and Allen Buchanan . The American health care system is undergoing a rapid socioeconomic revolution. Within a general environment of heightening competition, the number of investor-owned for-profit …

https://www.ncbi.nlm.nih.gov/books/NBK217902/

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Trust, human-centered AI and collaboration the focus of inaugural …

(5 days ago) WebThe way to get there, according to a number of speakers at the symposium, is public-private partnership, such as that being modeled through the recent White House Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial …

https://med.stanford.edu/news/all-news/2024/05/raise-health-symposium0.html

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Why Medicaid expansion failed in Mississippi and Alabama this …

(8 days ago) WebThey can't afford it. They don't have coverage." This spring, Mississippi's legislature considered but ultimately failed to adopt expansion, which would have extended coverage to around 200,000

https://www.npr.org/sections/health-shots/2024/05/16/1251691921/medicaid-expansion-mississippi-alabama-south

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Is the Vanguard S&P 500 ETF a Millionaire Maker?

(5 days ago) WebA company cannot continually pay dividends if it's not profitable enough to support that cash outlay. Dividend stocks can get a bad rap as "boring" investments, but their long-term contributions

https://www.fool.com/investing/2024/05/22/is-vanguard-sp-500-etf-a-millionaire-maker/

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South Africa's National Health Insurance (NHI) Bill: Why it is - BBC

(6 days ago) WebThe DA says it will institute legal action in a bid to stop the scheme being implemented. It says it stands for universal health care, but the NHI will "destroy South Africa's private health-care

https://www.bbc.com/news/articles/c1030v3p1r8o

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Preventing maternal and child mortality: upcoming WHO …

(Just Now) WebFortunately, what works is known. Successful approaches include high-quality essential health and nutrition services; a multipronged approach to maximise resources and address workforce shortages; stronger primary health-care delivery; prioritising the …

https://pmnch.who.int/news-and-events/news/item/20-05-2024-preventing-maternal-and-child-mortality-upcoming-who-resolution-must-galvanise-action-to-tackle-the-unacceptable-weight-of-preventable-deaths

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