Non-profit hospital boards set the stage for the organization’s finances, but misguided fiscal governance can lead a hospital toward financial ruin, according to a white paper from Lancaster Pollard ...
Nonprofit hospital debt is one piece of a national health financial system that advocates say is badly in need of reform. Early this month, the nonprofit group Undue Medical Debt announced that it had ...
Nonprofit hospitals face credit headwinds as ACA premium tax credits expire, increasing financial pressure in nonexpansion ...
Moody’s, S&P and Fitch collectively downgraded 75 nonprofit borrowers last year, down from 95 in 2024 and 116 in 2023. The ...
Nonprofit hospitals are coming under increasing scrutiny in Congress and in the courts over their performance. Underlying the questioning is whether the hospitals provide sufficient services to ...
Nonprofit hospitals would be required to allocate at least 5 percent of their annual budgets to providing charity care or lose their tax-exempt status, under a proposal released today by Republican ...
Have you ever received a medical bill you weren't expecting? Even worse, how about a medical bill you can't possibly afford? A CBS News analysis of IRS data found some nonprofit hospitals in ...
For Virginia King, a metastatic breast cancer patient, the “nonprofit” mission of her local hospital felt like a hollow promise when she received a bill for $22,700 for a drug with a list price of ...
When Deborah Hernandez went to the hospital in December of 2023 with abdominal pain, she wasn't expecting a cancer diagnosis or what would become a year-long struggle to pay down the resulting debt.
Alexis Lewis was a 22-year-old trying to do everything right. She was enrolled at a local community college in Knoxville, Tennessee, with dreams of being a nurse while working two jobs, earning just ...