First and Last Name/s of Presenters

Marisa FerrisFollow

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

Students' Information

Marisa Ferris, Double Major in Marketing and Management with a Minor in Human Resources, Honors Student graduating in 2022

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May 5th, 1:00 PM May 5th, 4:00 PM

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

 

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