Home / Business / Towhey: Nonprofit hospitals acting like Big Business

Towhey: Nonprofit hospitals acting like Big Business

While more than 2,900 U.S. hospitals hold tax-exempt status as nonprofits, critics argue they have undergone a “mission drift,” prioritizing expansion, lavish marketing, and high-margin profits over the charity care that justifies their tax breaks.

For Virginia King, a metastatic breast cancer patient, the “nonprofit” mission of her local hospital felt like a hollow promise when she received a bill for $22,700 for a drug with a list price of just $2,700. In Pennsylvania, residents watching the … [2637 chars]

Source: The Boston Herald | Published: 2025-12-23T08:44:57Z

Credit: The Boston Herald

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *