There are many "non-profit" billion-dollar hospital chains in the US. A few examples; Ascension Health - $5.7bn net income on $27bn revenue in fiscal 2021 [1]

There are many "non-profit" billion-dollar hospital chains in the US. A few examples; Ascension Health - $5.7bn net income on $27bn revenue in fiscal 2021 [1] Cleveland Clinic - $1.3bn net income on $6bn revenue in H1 2021 [2] Mayo Clinic - $728mn net income on $14bn revenue in 2020 [3] "Non-profit" doesn't mean they don't like profits just like corporations. It's a designation meaning no shareholders, as in money made by the organization stays within the organization. 1- https://www.fiercehealthcare.com/hospitals/ascension-latest-nonprofit-to-rebound-5-7b-net-income-for-2021 https://www.fiercehealthcare.com/hospitals/ascension-latest-... 2- https://www.beckershospitalreview.com/finance/cleveland-clinic-posts-1-3b-net-income-through-1st-half-of-2021.html https://www.beckershospitalreview.com/finance/cleveland-clin... 3 - https://www.beckershospitalreview.com/finance/cleveland-clinic-posts-1-3b-net-income-through-1st-half-of-2021.html https://www.beckershospitalreview.com/finance/cleveland-clin...