It will be decades until society swings back away from “it takes a village” to “it takes a strong individual” and the price we’ll pay in the interim will eventually be rationing, death counseling, and other warm and fuzzy attributes of a so-called communal society. Heck, this makes its opposite, the so-called “greed” of rugged individualists, seem timid in comparison.
Should non-taxpaying hospitals, the facilities that prefer to be known by the misnomer “not for profit,” be able to gamble their tax free funds on venture capital investments?
Facilities that prefer to be known by the misnomer “not for profit,” are able to gamble their tax free funds on venture capital investments. Should they?
Think like a virus when considering open possibilities in taking control of your future.
Should non-taxpaying hospitals, the facilities that prefer to be known by the misnomer “not for profit,” be able to gamble their tax free funds on venture capital investments? Well, they already are. An article by Dave Barkholz, “Midsize hospital systems taking the VC plunge,” published earlier this year in Modern Healthcare, featured, among others, the…
People, not institutions, are capable of morality. At best, institutions are amoral. At worst, they are immoral.
Words matter. They are the bullets in the fight for public perception, in the battle for change.
Words matter. They are the bullets in the fight for public perception, in the battle for change.
So, I think it’s high time to re-brand non-profit hospitals. We should begin calling them non-taxpaying hospitals.
I argue that hospitals, as institutions, are at best amoral. At the same time, they are driven by profit and their executives bear no true downside risk, no risk of going negative in terms of personal liability.