Opinion: Patient-centered capitalism: redefining ethics in the medical industry
The public expects and deserves ethical actions not just from individual health care workers but also from the organizations and companies in this sector. Patient-centered capitalism can help make that…
Corporate misbehavior in the health-care sector is widespread: irresponsible opiate marketing, misrepresentation of research data, price gouging, and on and on. Some see it as capitalism run amok.
In one sense, this isn’t surprising. As the Business Roundtable acknowledged in a recent statement, American companies have too long prioritized shareholders and profits over the interests of employees, customers, and communities. Health-care companies are businesses, so why shouldn’t we expect them to act the same way?
Why? Because health care isn’t just another consumer product. It is more than that. The Hippocratic
