Saturday, November 22, 2008

Don't Go Mental, Part Deux

A for-profit chain of psychiatric hospitals is good for investors, for patients, not so much.
The company put its well-honed business formula into action: Staffing fell. Beds filled up. Profits soared. It was a winning strategy for investors. But for some patients, federal records show, checking into Sierra Vista proved dangerous -- at times deadly.
Cut staff, kill patients? What's new about that?  My emphasis.

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