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It isn't that simple. >...Seven of the top 10 most profitable hospitals in the United States are nonprofit facilities that each netted more than $150 million f
by onething 8y ago
It isn't that simple.
>...Seven of the top 10 most profitable hospitals in the United States are nonprofit facilities that each netted more than $150 million from caring for patients in 2013,
>...The study’s main purpose was to determine the characteristics of the nation’s most profitable hospitals. They found that facilities that were part of a system were more profitable because they were able to dominate their local market, which gives them greater clout in negotiating higher prices from private insurers. It also means consumers end up paying more if their health-care provider is out of network, Anderson said.
https://www.washingtonpost.com/news/to-your-health/wp/2016/05/02/these-hospitals-make-the-most-money-off-patients-and-theyre-mostly-nonprofits/?noredirect=on&utm_term=.360a403876d4 https://www.washingtonpost.com/news/to-your-health/wp/2016/0...
Also:
>...Nonprofit hospitals have higher profit margins than most for-profit hospitals after accounting for their tax obligations.
http://thehealthcareblog.com/blog/2017/04/25/the-fairy-tale-of-a-non-profit-hospital/ http://thehealthcareblog.com/blog/2017/04/25/the-fairy-tale-...