I live in the biggest population center as a region in the country.
Hospitals fall into three financial categories. Two are easy to understand: There are fully private hospitals that mostly function like any other business, responsible to shareholders and investors. And there are public hospitals, which are owned by state or local governments and have obligations to care for underserved populations. And then there are “private nonprofit” hospitals, which include more than half of our hospitals.
Nearly all of the nation’s most prestigious hospitals are nonprofits. These are the medical meccas that come to mind when we think of the best of American medicine — Mayo Clinic, Cleveland Clinic, Johns Hopkins, Mass General.
We do not have your backwoods problems in getting the better doctors.
The hospital doctors run their own practices or work for the hospital in the satellite offices. You are applying nonsense in most instances to state or non profit hospitals in the major population centers with plenty of prestigious hospitals.
I get you wont ever give up even though you do not come from this area or full over on the west cost in the population centers.
Just for clarity about buying up non profits. A simple google search.
Can a For-Profit Own a Nonprofit? The quick and admittedly general answers (because there are exceptions) are: (1) yes, a nonprofit can own a for-profit; and (2) no, a for-profit cannot own a nonprofit, but it can select all of the nonprofit’s board members and thereby largely control the nonprofit.Jun 22, 2019