Word: profitability
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Dates: during 2000-2009
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...jobs of long-time employees while failing to issue pay cuts for themselves and top financiers. Speakers reiterated their belief that Harvard's top leaders' actions have been motivated by greed and financial self-interest and argued that the University's behavior has been unbecoming of its non-profit designation. One protester's sign even asked, "Harvard: University? or Investment Bank...
Carens told the crowd that Harvard is "fabulously rich" and assailed the University for cutting jobs and failing to "live up to its responsibility in our community" as a tax-exempt, non-profit organization during a tough recession...
...Lessons from the Old World," one critical lesson on health care was omitted [June 8]. Europe does not have for-profit health insurance. The U.S. will never truly reform health care as long as we treat it as a commodity. Here, as they do in the European Union, we should recognize health care as a basic human right. Warren Swanson, REDDING, CALIF...
...used to treat children for bipolar disorder. This year, the Medical School sent in its existing policy—which is currently under review—as well as the conflict of interest policies at both Harvard-affiliate Children's Hospital Boston and at Partners Healthcare, a non-profit that owns Harvard-affiliates Mass. General Hospital and Brigham and Women's Hospital. The school embarked on a review of its conflict of interest policy this January in conjunction with Harvard's ongoing efforts to develop University-wide recommendations and guidelines. The 19-member committee—which, unlike past review...
...candid hospital executive will readily admit that facilities use such payments to make up for financial shortfalls in lots of places, most notably EDs. Says Umbdenstock: "Without these extra payments, it would be hard to maintain services that are important but don't turn a profit." (Watch a video on uninsured Americans...