PHILADELPHIA (KYW Newsradio) — Few will argue that health care is big business. The computerization of health has made it an easy target in the United States and throughout the world.
A new report in the New England Journal of Medicine looks at the impact on health care. Private equity firms are targeting health care because they see potential for profits. In four years, these firms invested $446 billion.
In some cases, the influx of money has been positive, but brilliant business moves to make short-term profits can reduce the quality of the care you receive.
Some examples include hospitals cutting critical services in favor of those more profitable, as well as decreased competition, which can lead to not just higher prices for care but fewer qualified physicians to provide care.
Get more medical reports from Dr. Brian McDonough.
KYW Newsradio's Medical Reports are sponsored by Independence Blue Cross.





