Big non-profit Hospitals Provide Skimpy Charity Care—Despite Billions in Tax Breaks

Surprise, surprise! Non profit means less charitable care?

"[less than] 2 cents The amount per dollar of net patient revenue that 60% of nonprofit hospitals spent on charity care, according to a Wall Street Journal analysis. ..."

"These charitable organizations, which comprise the majority of hospitals in the U.S., wrote off in aggregate 2.3% of their patient revenue on financial aid for patients’ medical bills. Their for-profit competitors, a category including publicly traded giants such as HCA Healthcare Inc., wrote off 3.4%, the Journal found in an analysis of the most-recent annual reports hospitals file with the federal government. ..."

Big Hospitals Provide Skimpy Charity Care—Despite Billions in Tax Breaks - WSJ Nonprofit medical institutions get federal benefits in exchange for providing support to their communities but often lag behind their for-profit peers