Yeah, that's how the US got to where they are. Profit incentives have no place in healthcare, as it incentivizes the exact opposite of what you want.

If a patient is a revenue generator you'll want to make sure to keep them sick for as long as possible to make more money (or, alternatively, drain them as quickly as possible with exorbitant cost of care then boot them out the door when they can't pay anymore). If a patient is a cost you'll want to make sure they are healed as quickly as possible to avoid a further drain through expenses. And you've also got an incentive to provide high-quality care, because that patient returning means they will increase cost again. So you better do it right the first time around.