Community Health has purchased more than 100 hospitals since 2000. Smith says about half of those were non-profits, mostly owned by cities and counties. Now they’re an important part of the company’s bottom line
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The country’s largest publicly traded hospital chain continues to make money despite an increase in the number of patients who can’t pay for their care.
A consortium of healthcare providers met with President Obama yesterday and pledged to cut costs by as much as 2-trillion dollars as part of health care reform. A local hospital CEO downplayed that announcement today.