Talk of The Villages Florida - View Single Post - Why UF Health Doesn't Accept United Health Care, The Villages Medicare Advantage Plan
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Old 04-08-2021, 09:51 AM
WindyCityzen WindyCityzen is offline
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Nonprofit only means they do not have shareholders ... that profits (if any) are retained not distributed. Nonprofits may or may not pay federal business income tax on their mission-related businesses. (They undoubtedly pay many other taxes on unrelated activities, e.g, renting out office space to doctors.). The profit and tax exempt statuses are technically unrelated. Bottom line: All of this has little if any effect on how they negotiate with insurance carriers. Also, just saying ... if the US had a single payer system like all other first-world nations, none of of this would even occur.

Last edited by WindyCityzen; 04-08-2021 at 09:52 AM. Reason: Typo