Caritas Christi
Do we really want a Wall Street investment firm sucking money out of local hospitals?
By adamg - 3/26/10 - 8:00 amSteve Syre raises questions about the proposed Chryslerish takeover of the non-profit Caritas Christi hospitals by Cerberus Capital Management:
The most important question of all: How do for-profit hospitals that serve the poor do justice to their investors and their patients at the same time?
Would you trust Chrysler with your health care?
By adamg - 3/25/10 - 7:09 amThe Globe reports Caritas Christi, which runs a string of hospitals in the Boston area, is selling itself to Cerberus Capital Management, which took over the sick car company a couple years ago and watched to plunge into bankruptcy. The company will, of course, turn the chain of Catholic hospitals into a health-care company, but promises not to try to take it public for at least three years. The cost of entry into the traditionally non-profit world of Massachusetts hospitals: $850 million, plus whatever it costs to convince state regulators and the Archdiocese of Boston to approve the deal.
Why does Caritas Christi want to buy a Rhode Island hospital?
By adamg - 6/18/09 - 11:44 amBeth Israel Deaconess Medical Center CEO Paul Levy says he was offered a chance to buy Landmark Medical Center in Woonsocket, declined it faster than you could say "State of Rhode Island and Providence Plantations" and wonders what the deal really is with the financially troubled Caritas Christi buying the financially trouble Landmark.
The people, united, will go to Caritas Carney!
By adamg - 3/19/09 - 11:55 am
Tinker Ready wonders if Caritas Christi hired Shephard Fairey to design its new ad campaign, which, as you can see above, features a Soviet-style raised fist holding a stethoscope - and which promises health care for the people, by the people and to the people, as opposed to the hegemonic plutocratic coverage at those oppressive teaching hospitals.
A Globe reporter who gets the bloggy thing
By adamg - 3/11/09 - 7:00 amFor a story today on Caritas Christi and the state insurance system, Michael Paulson asked a large number of theologians and priests what they thought. It's a complex subject and he obviously couldn't fit all their thoughts into print. So he posted their complete answers on his blog, along with ten questions Caritas Christi won't answer.
