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Long Termism

Health Care Reform: A Time for "Long-termism"

Dr. Andrew Agwunobi | Posted 08.24.2013 | Business
Dr. Andrew Agwunobi

Similar to other businesses, the motivation for hospital excessive short-termism is to meet annual operating margin targets and preserve bond ratings, but the value forgone affects society, not just shareholders, and has slowed and even distorted the evolution of hospitals themselves.