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Emergency Physicians’ Ethical Issues with Hospital Business Models
Name:
Pvt Equity in EM-Final submitted ...
Embargo:
2025-03-12
Size:
80.90Kb
Format:
PDF
Description:
Final Accepted Manuscript
Affiliation
Department of Emergency Medicine, The University of ArizonaIssue Date
2024-03-12
Metadata
Show full item recordPublisher
Elsevier BVCitation
Iserson, K. V., Paxton, J. H., Martin, D. R., & Marcolini, E. (2024). Emergency Physicians’ Ethical Issues with Hospital Business Models. The Journal of Emergency Medicine.Journal
Journal of Emergency MedicineRights
© 2024 Elsevier Inc. All rights reserved.Collection Information
This item from the UA Faculty Publications collection is made available by the University of Arizona with support from the University of Arizona Libraries. If you have questions, please contact us at repository@u.library.arizona.edu.Abstract
Background: The changing hospital business model has raised ethical issues for emergency physicians (EPs) in a healthcare system that often prioritizes profits over patient welfare. For-profit hospitals, driven by profit motives, may prioritize treating patients with lucrative insurance plans and those who can afford expensive treatments. Private equity investors, who now own many for-profit hospitals, focus on short-term financial gains, leading to cost-cutting measures and pressure on EPs to prioritize financial goals over patient welfare. Nonprofit hospitals, mandated to provide charity care to the underserved, may fail to meet their community service obligations, resulting in disparities in healthcare access. Objective: This review examines the ethical challenges faced by emergency physicians (EPs) in response to the evolving hospital business model, which increasingly prioritizes profits over patient welfare. Discussion: Emergency physicians face ethical dilemmas in this changing environment, including conflicts between patient care and financial interests. Upholding professional ethics and the principle of beneficence is essential. Another challenge is equitable access to healthcare, with some nonprofit hospitals reducing charity care, thus exacerbating disparities. EPs must uphold the ethical principle of justice, ensuring quality care for all patients, regardless of financial means. Conflicts of interest may arise when EPs work in hospitals owned by private equity firms or with affiliations with pharmaceutical companies or medical device manufacturers, potentially compromising patient care. Conclusion: Emergency physicians must navigate these ethical issues while upholding professional ethics and advocating for patients' best interests. Collaboration with hospital administrators, policymakers, and stakeholders is vital to address these concerns and prioritize patient welfare in healthcare delivery.Note
12 month embargo; first published 12 March 2024ISSN
0736-4679Version
Final accepted manuscriptae974a485f413a2113503eed53cd6c53
10.1016/j.jemermed.2024.03.005