Nonprofit hospitals

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https://www.wsj.com/articles/nonprofit-hospitals-financial-aid-charity-care-11668696836?mod=mhp

Sometimes, they do more harm than good. They are mostly not held accountable. They may not be motivated by profits but their ego gets in the way. There could be turf wars for their own survival. They could be worse than for profit organization. Michael Shellenberg attributes part of blames to non profit org for perpetuating the homelessness.

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As Americans are overwhelmed with medical bills, patient financing is now a multibillion-dollar business, with private equity and big banks lined up to cash in when patients and their families can’t pay for care. By one estimate from research firm IBISWorld, profit margins top 29% in the patient financing industry, seven times what is considered a solid hospital margin.

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