ESOPs get mixed results as financing tool.
For three hospital chains that have used the employee stock ownership plan as a financing technique, the success rate is 2-1. Some experts say Health Trust--The Hospital Co. and Epic Healthcare Group are poised for success because they've adopted the employee-ownership idea in everyday activities. Charter Medical Corp. has been criticized for not doing enough to involve employees.
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D006777:Hospitals, Proprietary / Q000191:economics*; D007449:Investments; D009096:Multi-Institutional Systems / Q000191:economics*; D010067:Ownership; D010564:Personnel, Hospital; D014481:United States