Study Finds Huge Revenue, Asset Growth for ‘Nonprofit’ Hospitals

Study Finds Huge Revenue, Asset Growth for ‘Nonprofit’ Hospitals
Former U.S. Sen. for the State of Oklahoma Tom Coburn speaks at the Grand Hyatt New York in New York City on Sept. 25, 2018. Riccardo Savi/Getty Images for Concordia Summit
Mark Tapscott
Updated:

America’s 82 top nonprofit hospital groups have experienced massive growth in annual revenues and asset value even as health care costs for most families and individuals are zooming upward, according to a report by government watchdog Open The Books.

The release of the report compiled by the Chicago-based transparency advocacy group came one day after President Donald Trump signed on June 24 an executive order mandating public disclosure by hospitals of the actual costs of their services.
Mark Tapscott
Mark Tapscott
Senior Congressional Correspondent
Mark Tapscott is an award-winning senior Congressional correspondent for The Epoch Times. He covers Congress, national politics, and policy. Mr. Tapscott previously worked for Washington Times, Washington Examiner, Montgomery Journal, and Daily Caller News Foundation.
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