Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
a lot of hospitals are struggling , and most doctors, especially GP's or pediatricians, make very little profit
most of the insurance companies, which also offer life insurance make more profit from life insurance than the health field
but if they are going to "not make a profit" than, they will be burning through their capital, and it might not be pretty.... sure it may work...but it also may not
I am not disrespecting their idea...think its a good idea... just I know business, and profit is a NEEDED thing to stay afloat
Most of those hospitals closing are in rural areas where they don't have the economic base for support, they cannot keep up with the escalating costs of healthcare without subsidies. There are many reasons for increased health care costs but for profit companies and their associated costs is one of them. I don't believe any other civilized country administers health care as we do and it shows, it is eating an increased portion of our GDP and hurting businesses.
They really haven't put forward any specifics with their proposal and it's just those three companies but they have really have the talent to be successful in their business, I expect the same on this venture.
I keep seeing this meme over and over again about profit. How can any business run without making a profit? Are these HC owners just supposed to pay out of pocket for their equipment/technology, electricity, building space, etc? I agree HC costs are out of control but nothing can be run for no profit at all, that's called bankruptcy. It's unsustainable.
Yes, obviously, income has to match outgo, and outgo includes foreseen capital costs. Just about any not-for-profit does that. This may surprise you, but business accounting works for not-for-profits as well as it works for any business.
What not-for-profits don't do is gift their executives with stock options and pay dividends to thousands of share-holders. That's what most insurance companies do.
This the fundamentally American way to solve problems. Not government coercion, mandates. Or, even central planning. Hope they or someone else is successful. The government does bring manna from heaven, in the commonly understood way for the citizenry. Quite the opposite.
Look it up. “manna from heaven”. Classic misunderstanding of real affect.
I bet other corporations will watch this new business model and see how it goes and if it helps the bottom line, they will adapt the same policy. TimeWarner seems like the type of corporation that would do well considering all their subsidiaries.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
