Hospital Revenues as a Marker?

This is very scary; it does not go into how many lives are saved.

Capitalism Gone Mad!

It just so happened that this past weekend a friend of mine had a heart bypass surgery. I am hoping that I can go see him on Saturday. So, I asked one of his colleagues if they knew at what hospital he had the surgery. I knew he was in New Jersey. I was informed it was Robert Wood Johnson. Being a lifelong resident of NJ I recognized it and new it was in New Brunswick. I googled it all the same to see where exactly and how to get there.

I was using the Brave browser which is powered by Google but runs a Brave AI which gives a quick summary at the top of the page on the topic you searched. Below is the summary:

Robert Wood Johnson University Hospital in New Brunswick, NJ is a 965-bed hospital with campuses in New Brunswick and Somerville. It is the flagship hospital of Robert Wood Johnson Health System, which has $1.5 billion in revenue, more than 10,100 employees, 3,250 medical staff members, and 1,733 beds.0 The hospital is a general medical and surgical facility and a teaching hospital. It is nationally ranked in 2 pediatric specialties and rated high performing in 2 adult specialties and 12 procedures and conditions.1 The hospital is home to the Heart Center of New Jersey, the Vascular Center of New Jersey, and central New Jersey’s only Level I Trauma Center.0 The Clinical Neurosciences Center at the hospital is dedicated to the research and treatment of a wide range of neurological disorders.2

This is very scary; it does not go into how many lives are saved. Nor how many babies are born or how many illnesses treated. Its topic of focus was the business side of the entity. An entity that should exist for the goal of healing and curing, not for making money for its investors. However, the sad reality is that the more than 90% of hospitals are run like businesses and no longer as a home for the sick to be cured or helped.

The health industry has been falling apart since charity and reason were thrown out the window for business and money. Below is my rudimentary timeline for the way I see things based on my personal memory

1970s through the 1980s

Judges award ridiculously high penalties for lawsuits against doctors.

1990s through to Current Day

Insurance Companies come to the rescue of doctors driving cost of medical care through the roof.

Doctors now work for the insurance industry, and no one knows what the costs of services provided are or what they should be.

Early 2000s to present day

Greedy Private Equity Firms Control Many Hospitals

Hospitals are no longer in the business of caring for patients but for making money for investors. Patients are just cash machines.

We live in a sad country where hospitals make it a business to make money. I have even learned that the supposed Not for Profit hospitals are not providing health services back to the communities at reasonable prices for the benefit they receive for tax exemptions.

We live in a world where our government is corrupted by powerful corporations whether they be in the pharmaceutical industry, hospitals, or private equity firms. The evil and theft of the average citizen abounds. I as an individual, who has always taken the right to vote as my single most important civic function, am at a loss. The government is no longer for the people and the people need to wake up to this reality. Until such time, the corruption and eventual decimation of the citizens will come at a faster pace than ever before.

I believe in the government formed and established by our founding fathers. Unfortunately, it looks like our government officials do not and have ceased working for the people and instead work for their own best interest. It is not much different than all the banana republics such as Cuba, Venezuela, and Nicaragua etc.

I believe in the capitalist system as the only one that gives an individual a fair chance but not without the guard rails that the government is supposed to impose. They have stopped enforcing monopoly laws and so we have incredibly powerful corporations such as Blackstone, Google, Amazon, and Microsoft to name a few.

We the people need to wake up and push back and we need to makes sure that our politicians are not in the pockets of major corporations and foreign governments or the sad reality we face will make us become servants of the state as the elites want us to be.

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Author: Guillermo Miguel Perez-Santalla

A businessman with a passion for sharing the good news that still exist in this world.

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