Nonprofit hospitals are healthcare facilities that operate without the intention of making a profit. Instead, they focus on providing medical care and services to the community while reinvesting any surplus revenue back into the hospital to improve facilities, patient care, and community health initiatives. These hospitals often serve all patients, regardless of their ability to pay, and may receive tax-exempt status as they fulfill a community service role. Nonprofit hospitals are governed by boards of trustees and rely on a mix of patient revenues, donations, and grants to fund their operations. They typically have missions centered around health promotion, disease prevention, and providing care to underserved populations.
Nearly Half of Hospitals in the U.S. Operate as Nonprofits Approximately half of the hospitals in the United States operate as nonprofits, providing medical care to their communities without being…