Unhealthy Profits

Christopher Mouré and Shai Gorsky

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: FROM THE ARTICLE: At the end of November 2023, the New York Times published an editorial: Why Are Nonprofit Hospitals Focused More on Dollars Than Patients? It is certainly a valid question. Most people might assume that not-for-profit (NFP) organisations focus on providing a public benefit rather than profit. At most, common wisdom suggests that any income derived from providing a service should be reinvested into expanding or improving the service. There is no obvious reason why a NFP should accumulate large profits over years. Yet in the NFP world of large US hospitals, profit, rather than public purpose, seems to have become the guiding light.

Keywords: differential accumulation; hospitals; not-for-profit; profit; United States (search for similar items in EconPapers)
JEL-codes: I1 I11 L3 L33 P P1 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/280860/1/2 ... nhealthy_profits.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:280860

Access Statistics for this paper

More papers in EconStor Preprints from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().