Checkpoints on the conversion highway: some trouble spots in the conversion of nonprofit health care organizations to for-profit status
Article Abstract:
Public interest needs to be protected as nonprofit health organizations convert to for-profit status. Information about transactions should be made public. State attorneys general should have access to all proceedings and investigating experts hired by state officials should be funded by converting parties. Assets from conversion should be used for health care. Fair market value of organizations should be established. The charitable entity should be publicly monitored after conversion.
Publication Name: The Journal of Corporation Law
Subject: Law
ISSN: 0360-795X
Year: 1998
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Hospital conversions: fact, fantasy, and regulatory follies
Article Abstract:
Opponents to converting nonprofit hospitals to for-profit hospitals have not based arguments on case studies of conversions or the advantages of forming an incentive-based medical system. Opponents have argued against conversion from unfounded fears that for-profit motives are inherently evil. Less conversions occurred in the 1990s than popularly believed. Hospitals should be judged by performance, not tax status.
Publication Name: The Journal of Corporation Law
Subject: Law
ISSN: 0360-795X
Year: 1998
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