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A non-profit hospital, or not-for-profit hospital, is a hospital which is organized as a non-profit corporation. Non-profit hospitals are mostly funded by charity, religion or research/educational funds. Nonprofit hospitals do not pay federal income or state and local property taxes, and in return they benefit the community.
As of July 2018, there were 249 state licensed hospitals and VA hospital facilities in Pennsylvania. 148 of these facilities were non-profit, 86 were for-profit or "investor-owned", and 15 were public hospitals owned by the Federal government, state government, or in one case, the city of Philadelphia. [1]
Many of the for-profit hospitals are located in Europe and North America, with many of them established particularly in the United States during the late twentieth century. In contrast to the traditional and more common non-profit hospitals, they attempt to garner a profit for their shareholders. The highest charging hospitals in the US are for ...
The study reported the nation's nearly 3,000 nonprofit hospitals were spared $37.4 billion in federal, state and local taxes in 2021, a reflection of how lucrative these tax benefits can be for ...
The non-profit hospital's share of total hospital capacity has remained relatively stable (about 70%) for decades. [1] There are also privately owned for-profit hospitals as well as government hospitals in some locations, mainly owned by county and city governments.
Providence Health & Services is a not-for-profit Catholic healthcare system headquartered in Renton, Washington.. The health system includes 51 hospitals, more than 800 non-acute facilities, and numerous assisted living facilities in the western half of the United States (Alaska, Washington, Oregon, California, Montana, New Mexico, and Texas).
CommonSpirit Health is a health system based in the United States, the country's largest Catholic hospital chain and its second-largest nonprofit hospital chain (as of 2019). [2] [3] It operates more than 700 care sites and 142 hospitals in 21 states. [4] [5]
Detroit General Hospital (privatized, now Detroit Receiving Hospital) [5] Greenville General Hospital (of the Greenville Health Authority), owned by the city of Greenville, SC. [6] It continues to own the hospital facility but leases management to Prisma Health, [7] which operates it as Prisma Health Greenville Memorial Hospital.