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The "Investor's Guide to Health Maintenance Organizations" represents a unique effort on the part of the federal government to inform private investors about investing in health maintenance organizations (HMOs). The guide is aimed at sources of HMO investment, such as investment banking firms, venture capital firms, physician/administrator partnerships, commercial banks, health insurance companies, and other potential investors.The guide was originally prepared for the U. S. Department of Health and Human Services, under a contract with Touche Ross & Co., and is as useful today as when it was originally written.Subjects covered include the role and growth of HMOs, how to evaluate HMOs as investments, capital needs of HMOs, and case studies of some specific HMOs.
"[This book is] the most authoritative assessment of the advantages and disadvantages of recent trends toward the commercialization of health care," says Robert Pear of The New York Times. This major study by the Institute of Medicine examines virtually all aspects of for-profit health care in the United States, including the quality and availability of health care, the cost of medical care, access to financial capital, implications for education and research, and the fiduciary role of the physician. In addition to the report, the book contains 15 papers by experts in the field of for-profit health care covering a broad range of topicsâ€"from trends in the growth of major investor-owned hospital companies to the ethical issues in for-profit health care. "The report makes a lasting contribution to the health policy literature." â€"Journal of Health Politics, Policy and Law.