Big Nonprofit Hospitals Expand in Wealthier Areas, Shun Poorer Ones
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Most of the nation’s largest nonprofit hospital programs, which give assist to poorer communities to earn tax breaks, have been leaving these areas and shifting into wealthier ones as they’ve added and shed hospitals within the final 20 years.
As nonprofits, these regional and nationwide giants reap $8.8 billion from tax breaks yearly, by one Johns Hopkins College researcher’s estimate. Amongst their obligations, they’re anticipated to supply free medical care to these least capable of afford it.