According to OpenTheBooks.com, only two of the 20 hospitals paid back (only partially) their COVID-19 bailout. Meanwhile, hospital executives racked up Wall Street-sized compensation packages, which frequently exceeded $10 million per year.
The 20 largest nonprofit hospitals in the country continued making massive profits while their cumulative net assets soared to $324.3 billion in 2021 from $200.6 billion in 2018. The year 2021 is the latest year available for cross-comparison purposes.
DO YOU REALLY THINK THIS WAS ABOUT HEALTH CARE?