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re: Ochsner CEO sees $130M loss in two months amid coronavirus fight

Posted on 5/4/20 at 12:56 pm to
Posted by GoIrish02
Member since Mar 2012
1491 posts
Posted on 5/4/20 at 12:56 pm to
As a society, if we renamed "non-profit" institutions to "non-tax paying" institutions, it would be more honest and clear. They still have revenue and profits, they just don't pay taxes on the profits. I also think the term "non-profit" makes it sound like they're accomplishing some benevolent mision and the definition of a non-profit needs to be reigned in.

If you care about whatever you're buying, be it health care or any other goods or services, I would much rather go to a for-profit hospital than a non-profit. The for profit business will always deliver a better and more efficient service than a non-profit competitor.
Posted by tigercross
Member since Feb 2008
5067 posts
Posted on 5/4/20 at 3:58 pm to
quote:

I would much rather go to a for-profit hospital than a non-profit. The for profit business will always deliver a better and more efficient service than a non-profit competitor.


What about Mass General, Cedars-Sinai, Mayo, MD Anderson, Brigham & Women's, Kaiser, etc?
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