A delicate balancing act.
This week, Modern Healthcare begins a two-part series examining the growing number of sales of not-for-profit hospitals to for-profit chains and the consequences of those sales for the communities involved. The stories in this installment explore whether a community benefits more from having an investor-owned hospital that pays taxes or a tax-exempt hospital that provides more charity care. They also review how this issue played out in Oklahoma City 10 years after a sale. Next week: a look at whether charitable foundations created with the proceeds of sales of not-for-profits deliver on their promises. Also, an analysis of Columbia/HCA Healthcare Corp.'s strategy of acquiring not-for-profits through partnership arrangements.
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D002608:Charities / Q000639:trends; D003159:Community-Institutional Relations / Q000639:trends; D006273:Health Facility Merger / Q000639:trends*; D006777:Hospitals, Proprietary / Q000191:economics / Q000592:standards*; D006788:Hospitals, Voluntary / Q000191:economics / Q000592:standards*; D008489:Medical Indigency / Q000639:trends; D009825:Oklahoma; D010067:Ownership / Q000191:economics*; D013660:Taxes; D014481:United States