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4. The Million Dollar Baby

The Cost of Care

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The Profit Paradox in Nonprofit Hospitals

This chapter explores the financial intricacies of nonprofit hospitals, revealing a disconnect between their reported profit margins and substantial revenue generation. It raises questions about their justification for nonprofit status while discussing the implications of potential conversions to for-profit entities for transparency and accountability. The narrative interweaves systemic financial challenges with personal stories, highlighting the impact of high medical costs on families and the complex relationships within the healthcare market.

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