Kraft Heinz cut expenses too deeply under private equity management, its new CEO says

[BumRushDaShow]

45. NON-PROFITS

There should be NO FOR-PROFIT ENTITIES involved in "healthcare".

One of the best Children's Hospitals in the world is right here in Philly - Children's Hospital of Philadelphia (CHOP) and it is run/managed by a FOUNDATION - Children's Hospital of Philadelphia Foundation

Here is a recent analysis about their business model -

CHOP was Southeastern Pa.’s most profitable nonprofit health system in first quarter of fiscal 2026. Four systems lost money.

I can't even begin to describe the evolution of that hospital since I was a kid who had to stay there for a procedure in the old original building decades ago, and how the charitable fundraising took it to an incredible multi-building complex, with several high rises.

The latest building on CHOP's campus is under construction right now and scheduled to open in 2028 (the tall tower in the center of the pic as rendered) -



NONE of that was there when I was there in the '60s.