Si modo
Diamond Member
- Sep 9, 2009
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Ah.Hmmm, not according to this study:I am aware of the economic model/operating margins of both faith and non-faith based hospitals; not much a difference between the two, in fact some might say zero difference. ....
An interesting read from Thompson-Reuters: Differences in Health System Quality by Ownership
"Our analysis of the quality performance of the 255 health systems in the Health System study showed that significant differences in performance exist between classes of ownership. Specifically, we found:
Catholic and other church-owned systems are significantly more likely to provide higher quality performance and efficiency to the communities served than investor-owned systems. Catholic health systems are also significantly more likely to provide higher quality performance to the communities served than secular not-for-profit health systems.
Investor-owned systems have significantly lower performance than all other groups.
Performance of other church-owned systems (non-Catholic) is not statistically different from either Catholic or not-for-profit systems."
This analysis references performance indicators. I am speaking to the balance sheet.
Not a business person, here. Performance seems quite significant to me in this matter. And, as they are not-for-profit, I would imagine there is not any profit. And, I'm not sure what significance assets to liabilities and resultant equities would have pertaining to the discussion of hospitals staying open. We know there is no profit and never was.
But, business is definitely not my area.