Quote:
Originally Posted by airdale2
A not for profit hospital will not pay property taxes
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There’s that old belief that The Villages makes money off the hospital.
The Villages Hospital has always been a not for profit institution. It is the largest Medicare payer facility in the country. Could you survive on Medicare pay rates? This is why volunteers and donors are so import to it’s ability to survive. They merged with Leesburg to share services. Leesburg has open heart surgery, The Villages has orthopedic joint replacement and rehab. The merge with UF Shands is a mutual benefit for all 3.