Non-Profit Hospitals Made Huge Profits During Pandemic While Receiving $23 Billion in Federal COVID-19 Aid: Report - Upgoat

Non-Profit Hospitals Made Huge Profits During Pandemic While Receiving $23 Billion in Federal COVID-19 Aid: Report
submitted by dosvydanya_freedomz to Health 2 yearsMay 13, 2023 14:58:31 ago (+17/-0) (www.theepochtimes.com)
https://www.theepochtimes.com/non-profit-hospitals-made-huge-profits-during-pandemic-while-receiving-23-billion-in-federal-covid-19-aid-report_5258094.html?utm_source=partner&utm_campaign=ZeroHedge&src_src=partner&src_cmp=ZeroHedge

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 20 institutions have repaid the government for the COVID-19 aid they received.

7 comments block

Clubberlang 0 points 2 years ago

#BAFFLED

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