The CEO of a Utah-based hospital system admitted Tuesday at the annual J.P. Morgan Healthcare Conference in San Francisco that the U.S. healthcare industry bears much blame for American families’ financial struggles.
While assuring investors at the conference that his company, Intermountain Healthcare, remains focused on “focused on growing their revenue,” CEO Marc Harrison said flatly that the for-profit healthcare industry is to blame for most personal bankruptcies.
“The number one cause of personal bankruptcy is our industry,” said Harrison.