Lots of hospitals are actually FOR PROFIT. Very few are actually non-profit. They may have a non-profit arm that they use as a tax deduction, but most are for profit.
CMS data data does not support that theory unless things have shifted even more in 2 years.
While their are for profit, the largest chunk is still non for profit but I will give you profit hospitals are higher then one might think at about 36% still leaves non for profits with the biggest chunk of 49% rest are government owned
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u/Trick_Raspberry2507 12d ago
Lots of hospitals are actually FOR PROFIT. Very few are actually non-profit. They may have a non-profit arm that they use as a tax deduction, but most are for profit.