Research ArticleOpen accessIn the abstractThe Six Stages of the Healthcare Economy-Is Socialized Medicine at the Door? A Historical ReviewEldo E. FrezzaThe healthcare industry, nonexistent a century ago, is now a huge fraction of the U.S. economy and an intricate business with a multitude of legislative problems. This review article will summarize the recent history of the healthcare industry, evaluate how hospitals today make and lose money, and provide a few projections about the future of healthcare in America. The hope … …Journal of Social Sciences, Vol. 1, Issue 4 · 31 Dec 2005 · 7,610 accessesView PDFCite