From Crain’s Chicago Business | The University of Chicago Medical Center’s controversial program to redirect routine cases in favor of more-complex ones has produced a sharp drop in emergency room visits — and a big boost to its bottom line. U of C Medical Center posted an operating profit of $24.3 million for the quarter ended Sept. 30, more than double the amount in the same period a year earlier, according to a financial statement recently posted on its Web site. The profit growth comes even as the Hyde Park hospital treated fewer patients.
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Isn’t this supposed to be a nonprofit organization? Isn’t this the program of which a then Lecturer of Constitutional Law’s wife was in charge? Shouldn’t he now deal with this profiteering in his proposed health care law?
The money may add up, but the rest of the story doesn’t.