'Not-for-profit' hospitals still making money
Existing and soon-to-be health care providers in Rock County are making money. Their combined balance sheets for their most recent fiscal year show an excess of revenues over expenses of nearly $90 million. How is it, then, that Mercy Health System, SSM Health Care of Wisconsin, Beloit Health System and Edgerton Hospital and Health Services are all referred to as “not-for-profit” entities? (JANESVILLE GAZETTE, 12/13)
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