- cross-posted to:
- health
- cross-posted to:
- health
Large nonprofit health systems like Geisinger, Ascension, and Henry Ford are forming joint ventures with investor-owned psychiatric hospital operators such as Acadia and Universal Health Services. While these hospitals often carry the names of the nonprofits, for-profit companies with questionable track records manage day-to-day operations.
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So it’s no longer a non profit and the non profit loses tax breaks, right?