Why are not-for-profit hospitals in the US so much more profitable than for-profit hospitals?

Christopher MourĂ© and Shai Gorsky When it comes to social institutions, not-for-profit organizations (NFPs) allegedly strike a balance between the private and public realm. While privately owned and operated, not-for-profits are distinguished by their ostensibly public purpose – in eschewing private profits, they claim to make the pursuit of some social benefit their primary objective. […]

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