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  • Title: A bigger piece of the pie. For-profit facilities climb to 16% of all community hospitals, as not-for-profits struggle with access to capital, rural challenges.
    Author: Galloro V.
    Journal: Mod Healthc; 2004 Nov 08; 34(45):6-7, 1. PubMed ID: 15560626.
    Abstract:
    The percentage of investor-owned hospitals is at an all-time high, helped in part by sales of not-for-profit facilities. Hillcrest HealthCare System's board decided to sell 10 of its hospitals after taking a hard look at its finances. "We weren't concerned about the short term, but the long term," Don Lorack, left, said.
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