At the beginning of the 20th century, 90 percent of hospitals were private, for-profit enterprises.
State and local governments began taking over the hospital industry that by early 1990s only 10 percent are.
If not socialism, what should we call this,
the free market?[/quote]
Ahhh… The good old days, when you could stick 9 year olds in coal mines and get away with shooting factory workers for asking for living wages.
Nothing like those days.
Public hospitals comprise about 20% of total hospitals, it’s slightly higher than the number for-profit hospitals. Non-profit make up the biggest percentage which about 65% of total hospitals, which is a much different entity than public.
I believe most public are inner city. I’m not too sure many of the poor downtrodden hospital chain owners are to sad about losing that market share to the big bad government.
And no, they did not take over the industry, the provided more hospitals.
Hospitals were probably a luxury for a very small percentage of the population in 1900.
