Nonprofit Hospitals
Nonprofit hospitals are healthcare facilities that operate without the goal of making a profit. Instead, they focus on providing medical services to the community, often offering care to those who cannot afford it. These hospitals rely on donations, grants, and government funding to support their operations and maintain affordable care.
Unlike for-profit hospitals, nonprofit hospitals are required to reinvest any surplus revenue back into the facility. This can include improvements in patient care, community health programs, and staff training. They also often provide charity care, ensuring that low-income patients receive necessary medical attention regardless of their ability to pay.