corporatization
/ˌkɔːrpərətaɪˈzeɪʃən/
Definition
The process of transforming healthcare systems into entities that operate according to corporate business models, priorities, and ownership structures.
Etymology
Derived from the Latin 'corpus' (body), the term evolved to refer to an organized group or business entity. The suffix '-ization' was added to denote the process of converting an organization or sector into a business-like corporate structure.
In the news
In this article, the authors highlight the urgent need to study how this corporate shift affects patient care, pricing, and market competition. It is identified as a critical priority for policy research to determine how these new ownership models impact the broader healthcare landscape.
5 of 10 questions policy researchers—and all healthcare stakeholders—should be asking this year and next
Read the full article ↗HealthExec