Dr. Colantonio's Experience at Mercy Hospital, Rockville Centre, Long Island, New York

Nonprofit-Hospital Profit

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Dr. Colantonio's Experience at Mercy Hospital, Rockville Centre, New York

Hospital profit:  5%?

Most hospitals accept Medicare:  Our Medicare tax supports our non-profit hospitals.  It's our money: Do you want an administrative type to be paid $900,000 if there are not enough $50,000 technicians and nurses to take care of you? If not, start comparing your local hospitals with each other. The national average spent on administration is ~31.4% of the hospital budget. Remember, it is our money, our tax money.
 
Hospital administrators are public officials spending tax dollars:  For this reason, any hospital adminstrator in a Medicare-hospital should be licensed and bonded.

Use Guidestar to trace the flow of money in your local hospitals. Decide for yourself which hospital board is honest.

Hospital profit on Google

http://www.publicintegrity.org/

From the Wall Street Journal: On Top of Tax Breaks, Nonprofit Hospitals Reap Big Profits

Some Hospitals: Private profit with Public money?
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Click here.