From Asheville Watchdog: Nonprofit Mission made lots of profits, especially for bosses
For a hospital system organized as a not-for-profit charity, Mission Health made a lot of profits.
The money left over after Asheville-based Mission subtracted its expenses from its revenue — what would be called profit at a for-profit hospital — grew year after year, right up to 2018, when Mission’s directors surprised nearly everyone by announcing plans to sell out to Tennessee-based HCA Healthcare, the nation’s biggest chain of for-profit hospitals...
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