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Rates of return from hospital conversions.

This article presents information on the rates of return obtained by purchasers of U.S. hospitals since the mid 1980s. The key hypothesis tested in this study was whether for-profit acquirers are able to purchase hospitals at below-market prices. We test the hypothesis by comparing internal rates of return to an estimate of the weighted cost of capital for all for-profit hospitals in the year the transaction occurred.

Capital Expenditures↗
PubMed1996

Purchasing post-qualifying professional education in the health care sector.

The National Health Service (NHS) is proposing to establish local consortia for educational contracting, with wider involvement and responsibility being devolved to service managers. This paper addresses the educational issues of purchasing post-qualifying professional education for a cross-section of NHS hospital professionals. The professions chosen for comparison were clinical staff and include nurses, doctors, and as an example of paramedical professions', physiotherapists.

Accreditation↗