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Originally Posted by Chief Roundup
I am curious about how many people know that a large majority of hospitals are completely tax-exempt and not for profit.
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Honestly, what does that really even mean these days? I obviously know that it technically means they're not paying SALT, but the non-profit hospitals still have insane expenditures and aren't having to be as cost conscious as the for profit hospitals. BOTH have tens of millions of dollars in salaries getting paid to administrators and boards and business analysts etc.
I don't think there's an appreciable difference in quality of care received at one type vs the other. But saying a hospital is non-profit certainly doesn't mean they're running tight margins bc they don't bring in much money.