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University of Miami Profit Non Profit Hospital Corporation Discussion

Question Description

Should MIDCARE be sold?   (350 words

Looking ahead, some members of the board believe that MIDCARE needs to solicit bids from a for-profit hospital corporation to acquire and operate the hospital.

The funds resulting from the sale would then be used to establish a nonprofit community health foundation to support public health programs in Hillsboro County.

The board has asked management to express a point of view, and the reasons why, on this subject that indicates one positive/strengths (and related impacts) and one negative/weakness (and related impacts) associated with this type of strategic action.

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