Posted 4 years ago on Nov. 9, 2012, 12:50 p.m. EST by GirlFriday
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Sutter's aggressive emphasis on money has helped it make more than $4 billion in profits since 2005. According to a Modern Healthcare survey, Sutter has the highest net patient revenue per employee among U.S. hospital chains. Sutter's Sacramento facility landed on Forbes list of America's Most Profitable Hospitals.
THESE PROFITS come at a steep cost to patients. Sutter is trying to circumvent California's landmark 2004 patient-staffing ratio law by counting charge nurses who oversee care in an area towards the ratio of nurses providing actual direct patient care on the hospital floor.
The not-for-profit charade is a defining feature of California's health care industry, according to a report from the union's research department:
Not-for-profit tax breaks for well-known California hospitals--including Cedars Sinai, Kaiser Permanente and Stanford University--dwarf the level of charity care provided. Overall, the 196 hospitals surveyed received $3.3 billion in 2010 state and federal tax exemptions and spent only $1.4 billion on charity care--a gap of $1.8 billion. Three-quarters of the hospitals got more dollars in tax breaks than they spent on charity care.
Read the entire article here
It's about time to do a smack down on those "tax breaks".