What's to be gained by having hospitals privately owned at all? It's not like they're competing over price or service... They're just monopolies all the way down the supply chain.
Regulating private health care is polishing a turd.
We didn't miss a huge opportunity to make private firefighting work, or new advances in fire suppression. We just missed out on a bunch of pointless house fires. Today that's every sick or dead person who could be doing things instead.
No this is exactly how reincarnation works