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May 01, 2008

Nonprofit Hospitals Not Nonprofit!

Check out the April 28 Wall Street Journal article titled "Cash Before Chemo".

OUTRAGEOUS - the article provides a detailed analysis of recent nonprofit practices asking for the cash up front! 

One note: "net income per bed nearly tripled at nonprofit hospitals to $146,273 in 2005 from $50,669 in 2000."  And these guys are tax exempt?  And how much are their Execs making?

Come on -- The health care system is broken and unfair (universal health care where are you).  At the very minimum, let's not pretend that nonprofit hospitals mean nonprofit.  Congress, make these folks give away more service or take away their tax-exempt status.  This is no different than universities except that health care is everyone's right and society's obligation.

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