For-profit hospitals as anchor institutions in the United States: a study of organizational stability.
Berkeley FranzCory E CroninVanessa RodriguezKelly ChoykeJanet E SimonMaxwell T HallPublished in: BMC health services research (2021)
Study findings suggest that for-profit hospitals operate more efficiently in terms of expenses, but this also may translate into a lower level of economic contributions to the surrounding community through employment and purchasing initiatives. For-profit hospitals may also not have the stability required to serve as long-standing anchor institutions. Future studies should consider whether for-profit hospitals make other types of community investments to offset these deficits and whether policy changes can be employed to encourage anchor activities from local businesses such as hospitals.