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Article: Blood feud erupts over payments of cash to donors. (HemaCare Corp. buys blood products from donors and re-sells them to Southland hospitals) (Health Care Special Report)
- Article from:
- Los Angeles Business Journal
- Article date:
- November 22, 1993
- Author:
CopyrightCOPYRIGHT 1993 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For-profits battling to overcome unsavory reputation
It's a bloody feud that rifts the Southland chapter of the non-profit American Red Cross from the Sherman Oaks-based HemaCare Corp., a private-sector blood dealer.
And it's a feud that could spread across the country, market by market.
HemaCare's chieftain said the Red Cross is a blood monopoly and has acted like it; a Red Cross top dog said he is philosophically opposed to HemaCare's money-for-blood profit motive and questions the safety of HemaCare's blood.
For decades, the Red Cross has been an icon on the American landscape, the charitable agency to which Americans donated blood, for ...