Mentor/s
Professor McLaughlin & Ignagni
Participation Type
Poster
Abstract
The United States healthcare is the largest United States industry, which spent $3.65 trillion or 17.7% of the U.S. gross domestic product in the year 2018. This number grew in 2020 when healthcare spending was expected to exceed $4 trillion. Within the healthcare system, corporatizations have occurred. The corporatization of private practices and hospitals has led to a monopoly in the healthcare system, resulting in competition between nonprofit and for-profit hospitals, leading to an inflation of all healthcare prices, which leads to disparities in the proper treatment of all individuals.
Keywords: corporatization, integration, non-profit hospitals, Affordable Cares Act
College and Major available
Marketing BS
Location
Digital Commons
Start Day/Time
5-5-2021 1:00 PM
End Day/Time
5-5-2021 4:00 PM
Prize Categories
Most Meaningful
The Corporatization of the Healthcare System
Digital Commons
The United States healthcare is the largest United States industry, which spent $3.65 trillion or 17.7% of the U.S. gross domestic product in the year 2018. This number grew in 2020 when healthcare spending was expected to exceed $4 trillion. Within the healthcare system, corporatizations have occurred. The corporatization of private practices and hospitals has led to a monopoly in the healthcare system, resulting in competition between nonprofit and for-profit hospitals, leading to an inflation of all healthcare prices, which leads to disparities in the proper treatment of all individuals.
Keywords: corporatization, integration, non-profit hospitals, Affordable Cares Act
Students' Information
Marisa Ferris, Double Major in Marketing and Management with a Minor in Human Resources, Honors Student graduating in 2022