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The majority of hospitals in the US are non-profit. They don't benefit from passing administrative costs to patients.
by KoftaBob 5y ago
The majority of hospitals in the US are non-profit. They don't benefit from passing administrative costs to patients.
- hpoe 5y agoNon-profit doesn't mean that people aren't making money from it, it just means that the excess funds aren't used to drive stock growth and the organization "doesn't exist for the purpose of making money", but if the Administrators in the hospital find a way to slash the budget by $5 million there's nothing saying they can't then give themselves a raise for doing such a good job.