~70% of hospitals are non-profit or govt run, so there isn’t a particularly strong profit motive. Insurance companies, drug companies, medical device companies, yes, profit driven.
You are being snookered when you state that hospitals are “non-profit”. You’re drinking the Kool-aid.
You are technically correct but the reality is what counts, and the reality is the opposite of what most people think about when they see the word “non-profit” .
Let’s make a very slight change: The system is set up for hospitals to ENRICH THEMSELVES from COVID.
When you have a multi-million dollar enterprise which gets its money from charging exorbitant prices for services, and uses its millions to pay its principals multi-million dollar salaries and bonuses, so there’s nothing left over at the end of the year, what do you call it? Right. A “non-profit” enterprise. But the people running it still get hella rich at the expense of the public.
So let’s knock off this talk about “non-profit.”
“~70% of hospitals are non-profit or govt run, so there isn’t a particularly strong profit motive. Insurance companies, drug companies, medical device companies, yes, profit driven.”
Well, it’s pretty obvious you don’t understand much about non-profits. They want all the money they can get their hands on. Non-profit just means they don’t have to pay taxes on the excess (normally called profits)like the rest of us. They do benefit from “more free money” just like anyone else.