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?
Tag: venture
It’s not quite like life imitating art, but it’s probably as close to it as I’m going to see today. I just read a puff piece sponsored by Bank of America, pricey click bait for hospital CFOs, that supposedly features a roundtable “conversation” among (oxymoron warning) forward-looking hospital CFOs. Apparently, these CFOs have just realized […]
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?
Sit back and listen to Mark talk about Vermont’s war on patient care, freedom, and freestanding facilities.
The Sioux City Journal reported last week (on 12/29/17) that a hospital-physician joint venture ASC, Pierce Street Same Day Surgery, filed suit to enforce covenants not to compete against a number of current and former physician investors. Pierce Street is also suing the medical group, Tri-State Specialists, owned by some of the individual physician defendants. […]
Naughty or Nice? This year, Santa brought a lump of coal to Tenet’s Abrazo Maryvale hospital campus. Rumored to be accompanied by the Grinch for extra muscle, he padlocked the 232-bed Phoenix area facility. All kidding aside, the hospital fell victim to, in the words of its spokesman, “dwindling patient volumes.” As a reader of […]
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 […]
The speed limit’s 70 mph. I’m not going to tell you how fast I’m going, but I’m going with the flow of traffic, which is traveling at a lot more than the speed limit. Would a defense of, “but everyone is speeding” actually work?
Ride along with Mark as he discusses the tendency of many physicians and healthcare entrepreneurs to skip a critical review of the legality of their business structures.
If, as I’ve written before and as we’re now beginning to see, a hospital need not have beds, then what’s the difference between a hospital (which physicians can’t develop as a Medicare facility) and an ASC?