Public sector buying spree. In a spate of Sunbelt deals, four publicly owned systems have bought five hospitals to adapt to market pressures.
Like traders in the pits, public hospital systems have been yelling "Buy, buy" in recent months. The commodities in question: not-for-profit hospitals. With a Wall Street spirit, public hospitals claim the latest acquisitions are simply a response to market pressure. Economist Stephen Zuckerman, left, calls the trend "surprising." Major pros and cons, however, give this particular investment high stakes.
PubMed Abstracts
PubMed Abstracts