Which Private?

Today we spent most of the day at Austral Hospital in Pilar. In CABA there isn’t room for a large campus; the CABA campus for Austral is one nondescript building near the center of the city. But their main campus in Pilar sprawls across dozens of acres, with multiple buildings and connected areas. The main building is their teaching hospital – which serves as a fully functioning hospital with capacity for classes and lecture halls. We had a lecture from several of the financial operators and directors of the university. I learned that the hospitals main goal was longevity; and they attempt to keep their success through adequate, and constant training of their students and staff, as well as give aid to those worse off in the outstretches of their community. It was an interesting comparison to the Swiss Medical hospital; where the executive focused mostly on how to ensure profitability and luxury care for those within their system. In addition, Austral presented us with a much more complex matrix of challenges, pertaining to technological growth, long term career sustainability, quality of patient care, and more. Meanwhile, Swiss Medical gave us more of a general overview and explained their challenges in a simpler manner; a triangle of different interactions between consumers, investors, and providers. I’d be interested to know how these two different approaches affect their methodology and practices. But from what I was able to see, both hospitals definitely seemed dedicated to quality care. In terms of facilities, Los Arcos definitely has higher quality. It had state of the art rooms, organization, and up to date decorations and design. However, Austral has double the capacity of Los Arcos, with quality that seemed up to par with any normal hospital. So in a way, Austral was a little better because it still maintained good quality facilities while being able to take care of more people. In addition, Austral’s position as a teaching hospital is advantageous, because they are cultivating young workers who will be loyal to their company, and also gaining staff in the short term to provide basic aid. In today’s current social climate there is a shortage of workers alongside a high burnout rate. Thus, Los Arcos may be at risk of underemployment, while Austral is less likely to face this issue. That being said, both hospitals are facing the dangers of being private in a volatile economic state. 

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