4 ms·
Incidentally, one of the health systems (Intermountain) leading the initiative is itself also non-profit.
by stevetodd 8y ago
Incidentally, one of the health systems (Intermountain) leading the initiative is itself also non-profit.
- 2trill2spill 8y agoNon profit hospitals overcharge just like for profit hospitals [1]. [1]: https://www.washingtonpost.com/news/to-your-health/wp/2015/11/13/how-nonprofit-hospitals-overcharge-the-under-and-uninsured/?utm_term=.c26748ea0ec0 https://www.washingtonpost.com/news/to-your-health/wp/2015/1...
- Retric 8y agoHospital funding is a mess in the US. The US government flat out gives money to for profit hospitals because of how messed up the system is. EX: https://www.hrsa.gov/rural-health/index.html https://www.hrsa.gov/rural-health/index.html Non profit's still need to play the game to stay in business because their costs are no lower.
- opportune 8y agoNon-profit does not mean non-corrupt. In particular, non-profits respond to having extra money not by returning money to donors/payers (because why would you do that??!) or paying shareholders (not possible) but by creating bloat and expanding exec/administrative compensation
- noelsusman 8y agoThe overwhelming majority of hospitals in the US are either state owned or non-profit.