The phrase nonprofit does not mean nonprofit organizations do not earn profits. Any organization that loses money every single year will soon go out of business. At the very least nonprofit organizations must break even. Nonprofit status is a tax election. It means in theory the organization is supposed to plow all profits back into a charitable mission, rather than distribute profits to shareholders (of which there are none in a nonprofit organization). In reality nonprofit hospitals plow most of their profits into expansion.
Category: Cost of Healthcare
Friday Links
- Why a nursing home staff mandate will hurt patients.
- Trends in health care: private equity, M & A and digital health.
- Cato study: charter schools improve reading scores and reduce absenteeism at traditional public schools.
- How to increase US economic growth and why that matters.
- Biden has raised more money from tariffs than Trump did.
Thursday Links
- 50 years of US industrial policy. For those of you who think it is something new.
- Getting the priorities right: The Senate Budget Committee this session has held a total of 29 hearings, 15 of which were on climate and just 3 on the budget.
- Burgess: Under a “warranty approach” drug companies would refund a pre-negotiated amount of the drug’s price to the payor and patient if the latter’s health does not improve as expected. Under a “cost sharing approach,” the high upfront cost of gene therapy would be shared by subsequent insurers after the treatment succeeds.
- 10,000 commandments: Federal regulatory burdens cost $1.94 trillion per year, or $14,500 per household.
- Argument: drug shortages are caused by monopolistic middlemen. (Surely not the whole of the story.)
Wednesday Links
- The physician shortage in our future.
- About one in five enrollees were disenrolled from Medicaid coverage at some point in 2023, but about 3/4ths of those either re-enrolled or found other insurance. Bottom line: the pandemic was an excuse to waste a lot of taxpayer money.
- Biden finally ends Covid mask mandate (imposed for federal facilities whenever a meaningless CDC metric is exceeded in a county).
- Why we don’t walk as much as we used to and why it matters.
- Against the idea that over-prescribing caused the opioid crisis.