While the document stated that it was not proposed legislation, it suggested various alternatives that should be considered in drafting legislation to reform nonprofit hospital
92) Private inurement occurs whenever persons having a personal and private interest in a nonprofit hospital
receive benefits disproportionate to their contributions to the entity.
hospitals," and the nonprofit hospital
must control the joint
Nonprofit doesn't necessarily mean pro-poor patient," Grassley said last week as he released a 116-page summary of responses the Finance Committee received to a questionnaire that asked 10 large nonprofit hospitals
to describe their charity programs.
If a nonprofit hospital
generates a surplus in addition to its provision of community benefits, it cannot distribute the "profit" to its owners.
But Harold Pollack, faculty chair of Health Administration Studies at the University of Chicago, cautions that the debate should take into account the increasing financial burden that nonprofit hospitals
Dozens of federal class-action lawsuits have been filed recently against more than 300 nonprofit hospitals
and hospital systems in 20 states.
Both for-profit and nonprofit hospital
conversions were found to result in improved financial performance by generating higher revenues per case and reducing Medicare costs.
The laboratory manager of a nonprofit hospital
in North Carolina contends that versatility, indeed, is the key to success.
, driving the highest consolidation activity since 2000 and increasing the focus on the operating environment and efficiencies, according to a new Fitch Ratings report.
They are not, however, more "richly compensated" than executives of the state's publicly traded companies, which may be appropriate if Brill is correct in his assertion that nonprofit hospitals
are more "akin to low-risk, must-have public utilities" than the domain of "high-risk entrepreneurs.
Do nonprofit hospital
leaders need to be proactive in telling their story to their various publics?