Nonprofit hospitals pay virtually no local, state or federal income tax. In return, they provide community benefits, including charity care to low-income patients. In Memphis, Methodist Le Bonheur Healthcare has brought 8,300 lawsuits for unpaid medical bills in just five years.
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There should be no such thing as a “non-profit”. Profits are the “traffic signals” of the “invisible hand” of a truly free market.
NO MARGIN = NO MISSION.
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