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The Health Professions Education Assistance Act of 1964 funded colleges and universities to build new and expanded facilities and provided loans to students.
Medicare and Medicaid, enacted in 1965, incorporated the prevailing reimbursement policy, thus reinforcing the paradox of incentivizing both the expansion of nonprofit organizations and the commercialization of their pricing behavior.
Moreover, Medicare and Medicaid, established in 1965, provided money for the care of the aged and the poor, respectively.
In 1965, for example, Medicare costs were projected to be $3.1 billion.
Began as 380-bed Morris Cafritz Memorial Hospital in 1966.
1966: What will become Greater Southeast Community Hospital opens.
In 1970, only 1 public academic teaching hospital (serving the University of Oklahoma) was still financed, as were most nonteaching public hospitals around the country, by a state appropriation for each line item in its budget, with all revenue deposited in the state's general income accounts.
Opened a 180-bed nursing home in 1980.
Patents, profits, and the American people--the Bayh-Dole Act of 1980.[N Engl J Med.
Rosemary Stevens, “ ‘A Poor Sort of Memory’: Voluntary Hospitals and Government before the Depression,” The Milbank Memorial Fund Quarterly, Health and Society 60 (1982): 558.
Opened a second facility in Fort Washington Medical Center in 1983.
Medicare incorporated a prospective payment system in 1983, with federal programs paying a preset amount for a specific diagnosis in the form of Diagnostic Related Groups, or DRGs.
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1995: Greater Southeast, Children’s National Medical Center, Howard University Hospital, Providence Hospital and Washington Hospital Center form HMO for the city’s Medicaid patients.
Some of the larger not-for-profit corporations have bailed out public facilities through lease arrangements, such as the one between the Daughters of Charity’s Seton Medical Center and the public Brackenridge Hospital in Austin, Texas, that occurred in 1995.
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Anticipating the magic moment: the public interest in health plan conversions in California.[Health Aff (Millwood). 1996] Fox DM, Isenberg P Health Aff (Millwood). 1996 Spring; 15(1):202-9.
Then in 1997, the Balanced Budget Act decreased Medicare payments to hospitals by $115 billion over five years, including a projected $17 billion reduction in Medicare payments to hospitals.
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Should government intervene to protect nonprofits?[Health Aff (Millwood). 1998] Bloche MG. Health Aff (Millwood). 1998 Sep-Oct; 17(5):7-25.
1999: Doctors Community Healthcare Corp. acquires Greater Southeast Community Hospital out of bankruptcy.
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By 2000, legislative and executive branch officials in 13 states had approved the conversion of Blue Cross / Blue Shield and other nonprofit health plans.
2002: Doctors Community Healthcare Corp. files for bankruptcy.
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Forbes, January 9, 2007. http://www.forbes.com/2007/01/08/non-profit-conversions-biz-cz_crs_0109conversion.html.
2007: Specialty Hospitals of America LLC acquires Greater Southeast with city grants, invests millions and renames hospital United Medical Center.
2008: United Medical Center loses its Joint Commission accreditation.
2009: United Medical Center regains its Joint Commission accreditation.
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In 2010, the NFPHC Establishment Act created by the District of Columbia as an instrumentality which has a separate legal existence within the District Government.
3rd ed San Francisco, CA: Jossey–Bass; 2010:2–41. [Google Scholar]Renz D.Conclusion: the future of non–profit leadership and management.
October 12, 2011. http://www.bostonglobe.com/business/2011/10/11/blue-cross-remain-nonprofit-public-charity/iJBiGPBHZV4C0bLAN9U3HM/story.html.
2011: RSM McGladrey finds core infrastructure in “good working order” but reveals a struggling, politically influenced board and a lack of planning and accountability.
Chicago, IL: University of Chicago Press; 2012:48–53. [Google Scholar]Chung A, Gaynor M, Richards–Shubik S.Subsidies and structure: the lasting impact of the Hill–Burton program on the hospital industry.
2013: D.C. hires Huron to manage a turnaround and help find a partner.
April 2014: Mayor Vincent Gray proposes new $335 million hospital building on St Elizabeths campus.
April 28, 2014. https://nonprofitquarterly.org/management/24088–some–unanswered–questions–about–benefit–corporations–l3cs–and–social–enterprise–more–generally.html.
Veritas, a company led by campaign donors to D.C. Mayor Muriel E. Bowser (D), was brought on in April 2016 to stabilize the Southeast hospital.
30, 2017, but he will remain with the company “to oversee other areas of the Veritas portfolio,” Chrystie Boucrée said in an emailed statement.
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Company Name | Founded Date | Revenue | Employee Size | Job Openings |
---|---|---|---|---|
El Centro Regional Medical Center | 1956 | $120.0M | 914 | 1 |
McLaren Health Care | 1914 | $3.8B | 26,000 | 998 |
MedStar National Rehabilitation Hospital | 1986 | $74.0M | 2 | - |
Orlando Health | 2011 | $190.0M | 1,500 | 720 |
University Health | 1962 | $719.1M | 3,000 | 141 |
Watertown Regional Medical Center | - | $247.7M | 750 | - |
Cleveland Clinic | 1921 | $9.8B | 35,833 | 2,833 |
Abbeville General Clinic | - | $1.3M | 180 | 2 |
Intermountain Healthcare | 1975 | $7.7B | 59,000 | 1,300 |
Wheaton Franciscan Healthcare - Franklin | 2006 | $820,000 | 7 | 1 |
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United Medical Center may also be known as or be related to Not For Profit Hospitals Corp, Not-For-Profit Hospital Corporation and United Medical Center.