Rice University: Nonprofit Hospitals Use Proceeds to Boost Cash Reserves Rather Than Provide More Charity Care, New Report Shows
June 07, 2023
June 07, 2023
HOUSTON, Texas, June 7 (TNSres) -- Rice University issued the following news release:
A recent survey found that 41% of adults in the U.S. have debt caused by medical or dental bills.
Dedicating more of nonprofit hospitals' proceeds to charity care would ease the financial stress, but that has not happened - even as such hospitals' cash reserves have grown - according to a new report out today in Health Affairs.
Using the National Academy of State Health Po . . .
A recent survey found that 41% of adults in the U.S. have debt caused by medical or dental bills.
Dedicating more of nonprofit hospitals' proceeds to charity care would ease the financial stress, but that has not happened - even as such hospitals' cash reserves have grown - according to a new report out today in Health Affairs.
Using the National Academy of State Health Po . . .