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🧵THREAD: Are nonprofit hospitals really doing more charity care than for-profits in Texas? Even lawmakers are asking. Here’s what went down in a recent hearing—and what the data shows. 👇
@Nickstrong901
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Texas and Tennessee and I believe Indiana and two other states as well , have laws that require insurers to apply cash pay to deductibles when you present them with the billsView quoted post on X
I went off on the healthcare system. Let me know if you agree or disagreeView quoted post on X
.@StephenM to Memphis Police: "The idea that there is a square inch of block in this city where a citizen doesn't feel safe is unacceptable. This is Memphis. This is the United States of America — and all that bullshit is DONE. It's over. It's finished." 🔥View quoted post on X
Nonprofit hospitals were meant to serve the poor — but today they give a smaller percentage of charity care than for-profit hospitals. At the same time they're costing taxpayers $37B a year.View quoted post on X
Half of that would go to state and local budgets that are already getting squeezed. It’s time to take a hard look at how hospitals qualify for these generous tax breaks.
H/t @GeBaiDC
forbes.com/sites/gebai/20…