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can you own your Hospital if you are a nurse?

or do you have to work where you are assign.

asked Jan 11 '12 at 15:36

TashinaCodman1's gravatar image

TashinaCodman1
2267718

edited Jan 12 '12 at 08:27

Hi, Tashina. When you say "own", do you mean be the owner of the hospital (as in a shareholder of the hospital)? Or, instead, do you mean "pick" your hospital (meaning that you can select any hospital at which you would like to work)? I am confused because the question asks about ownership, but the details ask about being assigned (implying a lack of choice on your part).

Also, I would recommend you add one or two more tags to this question: you could consider adding something like "health-care".

(Jan 11 '12 at 17:32) JaredChung ♦♦ JaredChung's gravatar image

like own your on Hospital

(Jan 12 '12 at 08:28) TashinaCodman1 TashinaCodman1's gravatar image

Note: I am speaking for the United States only (the hospital industry differs greatly around the world).

Individual people almost never own hospitals. Because of the huge investment required to build or buy a functional hospital, and the legal requirements the hospital must meet, they are usually owned by large companies or are not owned at all. In the United States, roughly two-thirds of the hospitals are non-profit organizations without any owners, and other third is split evenly between government hospitals and for-profit hospitals owned and operated by large professional companies. (I don't have a source for these numbers, so please do some research to check this before relying on it). A good example for a for-profit hospital management company is Tenet.

I'm interested in understanding what you like about owning a hospital and what you like about being a Nurse. They are each very very different activities, and it's exceptionally unlikely that you could do both at the same time. Being a nurse will bring certain types of experiences, and will require years of nurse training, whereas managing (not owning) a hospital will require business accumen built from years of management training. You could certainly do both, but I can't imagine how you could be able to train to do both at once, nor would you be able to fulfill your nurse duties (which is a full-time job with a demanding schedule). If you would like to be a nurse but want to have some small ownership stake in a hospital company, you could become a nurse and use your savings to purchase shares of Tenet or another similar company on the stock market, which would give you a small ownership stake in the hospital industry without being a hospital manager.

If you would like to clarify, please do so in a comment or re-edit your question, or ask a new question!

Good luck - Jared from the CareerVillage Team

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answered Jan 12 '12 at 10:07

JaredChung's gravatar image

JaredChung ♦♦
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Asked: Jan 11 '12 at 15:36

Seen: 540 times

Last updated: Jan 12 '12 at 10:07