Word: humana
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Dates: during 1980-1989
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...stunning improvement over Schroeder's condition before surgery. According to Humana doctors, Schroeder has truly cheated death. Without the Sunday-morning implant, he "would not have survived the weekend," says DeVries. "Saturday night, I was very worried...
...cardiologist, Dr. Phillip Dawkins, who suggested that he look into the possibility of an artificial heart. By chance, DeVries, the only surgeon authorized by the Food and Drug Administration to implant the device, had moved this summer from the University of Utah Medical Center in Salt Lake City to Humana Hospital Audubon, about 70 miles east of Jasper...
...Humana offers proof that health is a sound investment...
...sight of William Schroeder joking with his family last week was the best possible advertisement not just for the miracles of science but for Humana, the investor-owned medical conglomerate. In the fast-growing U.S. health care industry, investor-owned companies are challenging nonprofit organizations and community hospitals for a greater share of the nearly $1 billion-a-day business. Profitmaking companies now own or manage more than 20% of all U.S. hospitals, double the percentage of five years ago. Moreover, they are moving rapidly into affiliated areas such as health maintenance organizations, satellite clinics and surgical-equipment firms...
...Humana (fiscal-year 1984 revenues: $2.6 billion) is the most aggressive of the companies that believe medicine is a calling for businessmen as well as doctors. But though it has 91 hospitals in 22 states and three foreign countries, Humana is not the largest hospital chain. Still bigger, for example, is Hospital Corp. of America (estimated 1984 revenues: $4.2 billion). Last year Humana had profits of $193 million, up from $41 million...