Research ArticleOpen accessIn the keywordsSurvival in the Current Healthcare Environment How Close Are We to Socialized Medicine?Eldo E. FrezzaIn the 1980's, some hospitals established internal agencies to regulate cash flow and capital expense. State agencies promoted the evolution of healthcare facilities into more business-like organizations. Attention to the following matters will reduce hospital costs: 1) prevent or reduce nosocomial infections; 2) treat diseases at a stage amenable to outpatient therapy; 3) obtain complete information about the policies of … …Journal of Social Sciences, Vol. 1, Issue 4 · 31 Dec 2005 · 6,689 accessesView PDFCite
Research ArticleOpen accessIn the keywordsThe 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