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A not-for-profit hospital has a 501(c)(3) designation from the IRS, which means, for tax purposes, it is recognized as a not-for-profit organization exempt from Federal income taxes. It does not mean the entity can not earn a profit, it just means it is not liable for payment of income taxes. The not-for-profit entity also has no shareholders and pays no dividends.
What else can I help you with?
What is the difference between non profit hospitals and for profit hospitals?
What is difference between trust run and for-profit hospitals
How many not-for-profit hospitals in the US?
There are approximately 3,900 not for profit hospitals in the United States. A not for profit hospital is run like a non profit corporation.
For-profit hospitals in California?
For-profit hospitals in California are owned and operated by private corporations or investors with the primary goal of generating profits. These hospitals provide medical services to patients but may also prioritize financial returns for shareholders. For-profit hospitals must adhere to state regulations and meet certain standards of care to maintain their operating licenses.
Are military hospitals for profit?
No.
What is a type of hospital according to its form of ownership?
Hospitals can be categorized into various types based on their ownership, including public, private non-profit, and private for-profit hospitals. Public hospitals are owned and operated by government entities and primarily funded through taxpayer dollars. Private non-profit hospitals are owned by non-profit organizations, reinvesting any surplus revenues into the facility and community services. Private for-profit hospitals, on the other hand, are owned by investors or corporations with the goal of generating profit for shareholders.
What has the author Mark B McClellan written?
Mark B. McClellan has written: 'Comparing hospital quality at for-profit and not-for-profit hospitals' -- subject(s): Hospitals, Hospitals, Proprietary, Medical care, Proprietary Hospitals, Public hospitals, Quality control, Voluntary hospitals 'The incidence of Medicare' -- subject(s): Econometric models, Medical care, Medicare
Where can I find a full list of available hospital jobs?
A full list of available hospitals jobs can usually be found on the hospitals website. This will give you a list of anything that you are looking for.
List of hospitals with address in Malta?
You can find a Detailed List of Government (State) Hospitals and Medical Centres (for both Malta and Gozo)at www.MaltaDoctor.com
Could you provide the list of the blacklisted hospitals in Bangalore?
black listed hospitals in bangalore
What percent of revenue do for-profit hospitals deliver in uncompensated care?
3 to 4 percent
What are the release dates for 60 Minutes - 1968 Untouchable Martha Stewart Not for Profit Hospitals 29-47?
60 Minutes - 1968 Untouchable Martha Stewart Not for Profit Hospitals 29-47 was released on: USA: 10 August 1997
Why are most of the private schools and hospitals located in the major cities and not in towns or rural areas?
To earn profit
