Non-profit doesn't mean money-hating, though
replyNo but it directly contradicts OP's claim of "profit-seeking interests".
replyIndividuals in such hospitals can still very much seek profit.
replyMy daughter’s classmate’s father is a head of a non-profit hospital.
replyThey have a 6k sqft house with a basketball court, pool and a pool house in the prime location in West Los Angeles.
They had to join two lots to build to their liking.
Would you expect that job to not pay well in a market where similar skills are directly transferable to running any mid sized corporation?
replyWe call that "pulling an Altman" these days.
reply>Only ~20% of hospitals are for profit institutions for example.
replyAnd the other 80% are little to no more efficient in terms of dollars input vs services rendered.
I am merely commenting that profit seeking is not a sufficient explanation.
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