I’ve always wondered how my non-profit hospital could charge so much. Now I know–sort of. According to AP Medical writer Carla K. Johnson, research shows that, of the 10 most profitable hospitals in the U.S., 7 are non-profits.
Mmmmm. So THAT’S the reason behind the semantic game in which non-profits are now being called not-for-profits. In other words, they can say that they’re not in the business to make money, “but can we help it if we do?”