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N.C. Hospitals Spend Little On Charity PDF Print E-mail
State Government
By Administrator   
Monday, 23 April 2012 15:00

CHARLOTTE, (AP) — Most of North Carolina's hospitals spend less than 3 percent of their total budgets on charity care at the same time profits and pay for their top executives are increasing.

 
A series of stories in The Charlotte Observer and The News & Observer of Raleigh finds North Carolina has no rules on how much charity care a nonprofit hospital must provide. There also are no rules limiting how much executives can be paid or how much money a nonprofit a hospital can make.
 
The newspapers report 25 nonprofit hospital executives made total compensation exceeding $1 million in 2010 or 2011.
 
But not all hospitals are doing well. Many that pay the least for charity care also make little profits because they are in rural areas.
 
Last Updated on Monday, 23 April 2012 15:02
 
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