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Steward health care - Essay Example

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STEWARD HEALTH CARE Steward Health Care Word Count: 12,500 (50 pages) I. Introduction: The Situation A. Who is Steward? Steward Health Care is basically an organization that serves the Northeast part of the United States. “Steward Health Care is the largest fully integrated community care organization and community hospital network in New England” (“Steward Health Care System,” 2011, pp…
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Steward health care

Download file to see previous pages... 5). An employee pool of 12,000 demonstrates Steward’s power. In addition, with several hospital beds, the organization this large definitely is going to be able to turn a profit. With at least two thousand doctors in its system, Steward can afford to buy out other hospitals because its power is so great. Of course, the number of the nurses in the system is large as well, but it barely rivals the amount of doctors that Steward has. On an annual basis, there are several discharges as well as trips to the emergency room. Basically, in essence what we have here is an organization that is fit to survive and stand the tests of time. With an army of surplus doctors to go around, Steward has a great edge on the health care system in Massachusetts. In fact, it has a good chance of creating one of the hugest health care monopolies in the country—if not already having been that. Steward Health Care is basically a powerhouse outfit that definitely has the influence to be able to become a major contender in the health care industry in New England as a whole. Steward has evolved into such a major boon to New England’s health care provider system. ...
Health Plan to create Steward Community Choice, which will…[likely] go into effect [January 1st]…The partners are betting that the [insurance] plan's price—which they say will be as much as 15% to 30% below comparable products—will be appealing…” (Mathews, 2011, pgh. 2). Ralph de la Torre was, three years ago, put in charge of Cerberus as an organization. “The Boston Globe reported [in 2008] that [Ralph] de la Torre will head the hospital chain following its on-again, off-again search of nearly two years to find a permanent leader” (“De La Torre Approved as CEO,” 2008, pgh. 2). C. What Are Non-Profit Hospitals? Non-profit hospitals are exempt from all the taxes to which all other hospitals are subject. According to “Not-For-Profit Hospital Class Action Litigation” (2011), “Not-for-profit hospitals (NFPs), have operated free from federal and state taxes because they have promised the government that they would operate as a charity provider of health care for the uninsured and that they would not engage in business ‘directly or indirectly, for the benefit of private interests’” (pgh. 1). The premise of non-profit hospitals is that they are not supposed to make a profit of any kind. That is why these organizations are tax-exempt. Non-profit hospitals are supposed to be in business to help people who could not otherwise afford such expensive hospital care and/or doctors’ visits. Non-profit hospitals are in business to, therefore, provide a service—not make money. However, in order to stay open, non-profit hospitals have to make some money. Therefore, they might charge what are discounted fees in order to be able to continue operating. Non-profit hospitals are definitely helpful, especially for people who cannot afford to pay the high ...Download file to see next pagesRead More
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