"NC urban hospitals pile up the profits"

[handmade34]

5 part series on hospital profits in local paper starting today...

http://www.newsobserver.com/2012/04/22/2016905/north-carolinas-urban-hospitals.html

"North Carolina’s hospitals are respected community institutions... Most of them are nonprofits. But many of them, especially the big ones, are making a fortune...During the Great Recession, their profits have stayed strong, and they’ve raised their prices. Top executives enjoy million-dollar compensation packages as they expand, buy expensive technology and build lavish facilities. Their customers buy the services before they know the cost, and they often don’t understand the bills.

And the hospitals enjoy a perk worth millions each year: They pay no income, property or sales taxes...These institutions were created with charitable missions. But many don’t look or act like nonprofits anymore. In their quest for growth and financial strength, they have driven up the cost of health care and saddled thousands of patients with bills they can’t pay..."

[Cooley Hurd]

1. Regulate the scuzbuckets! Or tax them.

Regulate salaries and profit margins. If they don't want that, then take it from them thru taxes.

[xchrom]

2. +1 - they don't want to be part of the community

They want to take advantage of the community.

As much as they can.