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I strongly believe that only physicians should be running hospitals.(Disclaimer: I have been on the design team for several hospitals, including El Camino and San Francisco General, in the bay area - and I have a family of doctors and nurses in my family - my brother was head of the Veteran Administration for the state of Alaska, and is currently CMO for a large health provider (he is a doctor)
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That said, the "running" of a hospital isa hell of a lot more than medicine (when we are specifically talking to the running of -- but this comment was made in relation to costs/efficiencies as far as outcomes, patient treatment, insurance etc...)
Hospitals are really complex ecosystems and should be thought of more like an aircraft carrier than an other form of business.
The costs within the realm of a hospital are ridiculous - as are the methods and manner in which hospitals raise money.
Insurance is cancer to be sure, but there are so many other factors that go into the operational costs of a hospital - and I don't just mean ngoing care and operations - systems and technology and medicine evolve. People are people and regardless have the same hierachy of needs in any environment.
You have every single actor as an enemy of the hospital bottom line:
New tech, $$
Older nursing pop $$
Current nursing/doctor market salaries $$
Maintenance for existing systems $$
Insurance billing code lock-in $$
Competing hospitals for doctors and nursing staff $$
California $$
Corruption $$
Utilities and related redundant infra to ensure life systems
The ridiculous cost to upgrade
The list goes on and on...
(The cheapest hospital project I worked on was hundreds of millions of dollars)
etc...
Hospitals are really expensive to run, and it requires a hell of a lot more skills than simply being a "doctor" to run one.