Federal officials gave more than $23 billion COVID-19 aid to the nation’s top 20 nonprofit hospitals even as a 62 percent increase in their collective net assets led parallel surges in the institutions’ total profits and revenues during the 2018-2021 time period spanning the Coronavirus pandemic, according to a new report. Only two of the…
Non-Profit Hospitals Made Huge Profits During Pandemic While Receiving $23 Billion in Federal COVID-19 Aid: Report
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