Showing posts with label MetroWest Medical Center. Show all posts
Showing posts with label MetroWest Medical Center. Show all posts

June 16, 2009

Hospital hypocrisy

Does anyone else find irony in a company that brings for-profit capitalism to healthcare complaining about "unfair competition" if another institution invades what it considers its monopoly-protected turf?

MetroWest Medical Center is owned by Vanguard Health Systems, a multi-billion-dollar company that turned a $16 million profit from the (continuing) operations of 15 hospitals around the country in the last quarter. Vanguard Health Systems' Web site boasts that the company brings "the business acumen of a privately owned organization" and "the strengths of a for-profit corporation" to its hospitals (although good luck finding anything about that on the MetroWest hospitals' own site).

You can't have it both ways. You can't take advantage of free-market capitalism to earn a profit for investors from treating people's injuries and illnesses, and then complain about competition.