Five Minute HC Business Model History Lesson

Posted on June 20, 2011

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Becker’s Hospital Review published a good summary of the evolution of non-profit hospital status by Steve Ronstrom, CEO of Hospital Sisters Health System, Western Wisconsin division.

The article does a succinct job of differentiating non-profit and for-profit hospital management, and how each mission is different—in general, the trade of tax-free operation in exchange for offering care to the indigent.  This led to very different business practices, but the two have converged in many ways since then. 

It provides some good context for the current phase of healthcare business reinvention about to take place as a result of the PPACA.

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