Nonprofit Healthcare
Nonprofit healthcare refers to medical organizations that operate without the goal of making a profit. Instead, they focus on providing quality care to patients and serving the community. These organizations often rely on donations, grants, and government funding to support their services, which can include hospitals, clinics, and specialized care facilities.
In a nonprofit healthcare model, any surplus revenue is reinvested into the organization to improve services, expand facilities, or provide community health programs. This approach aims to enhance patient care and accessibility, ensuring that healthcare is available to everyone, regardless of their financial situation.