There Is Little Charity In Wealthy Charitable Hospitals.

... One of the reasons supposedly charitable, supposedly nonprofit hospitals are amassing huge sums and paying CEOs amounts of compensation like three, four or five million per year or even more, is that the hospitals receive tax exemptions because they are providing charitable care -- free care or deeply discounted care -- for those who can’t pay. The problem, though, is that there’re not providing very much charitable care...But the percentage of charitable care Northwestern provides -- are you ready for this -- is “less than 2% of its revenues".,,

This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
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