For-profit dynamics have always existed in American medicine, leading to conflicts of interest. The 'medical industrial complex' intensified in the 1970s and 1980s, creating irreconcilable conflicts between profit-driven companies and patient-centered care.
Steward Health Care's history exemplifies the impact of for-profit interests, with Cerberus Capital Management's involvement in acquiring and restructuring the hospital system highlighting ongoing challenges in the industry.
#profit-focused-decisions #american-healthcare-system #for-profit-dynamics #medical-industrial-complex
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