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Instead of paying out profits to shareholders, a non-profit hospital/clinic will use their excess dollars to build new facilities, buy new equipment, and add th
by quickthrowman 2y ago
Instead of paying out profits to shareholders, a non-profit hospital/clinic will use their excess dollars to build new facilities, buy new equipment, and add the capacity to care for more people.
How is that worse than a for-profit company? If your local healthcare systems are not expanding while the regional population is expanding, you’ll have less care available for all regional residents.
There are ways to abuse non-profit status, but operating a large hospital and clinic system isn’t one of them.