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Reply to ""The Ethicist" on Sidwell's Hospice Purchase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]... It is, and should be morally shameful, to take advantage of financial distress. If your neighbor lost his job, his wife was ill, and they had to sell their car in order to pay their bills, do you think it's the morally right thing to pay below market value because they desperately need the money? Do you invest in high-interest check-cashing store fronts?[/quote] What kind of BS are you trying to make up here? WH had revenue of almost $42 million last year. [b]WH is a big business.[/b] It's not your neighbor who lost his job; it's not some public charity. The people running WH recognized that their business model of on-site hospice care was running against the current of the in-home care most of its customers want, so it decided to sell their bricks-and-mortar facility to re-focus the business. If you have a problem with that business decision, or if you think WH should have driven a harder bargain, then take it up with the CEO or the Board of Directors. http://990s.foundationcenter.org/990_pdf_archive/530/530196647/530196647_201406_990.pdf?_ga=1.198981611.517546103.1446494923[/quote] You don't see the nuance between a "big business" and a hospice in which many of its patients were on Medicaid?[/quote]
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