Prognosis Profits

Prognosis: Profits - The Charlotte Observer's 2012 investigation into non-profit hospitals

A 2012 investigation by The Charlotte Observer and the Raleigh News and Observer found that large nonprofit hospitals in North Carolina have pushed up healthcare costs, paid executives millions and left thousands with bills they struggle to pay.

Most of the state’s hospitals enjoy a perk worth millions: They pay no income, property or sales taxes. In return, they’re expected to provide benefits to the communities they serve, chiefly in the form of free or sharply discounted care to people who can’t afford to pay their bills.

But while those hospitals were created with charitable missions, many don’t act like nonprofits anymore.

Click on the links below to read each day of the series.

Day 1 – Nonprofit hospitals thrive on profits

Day 2 – Most N.C. hospitals slim on charity care

Day 3 – Hospital lawsuits force new pain on patients

Day 4 – Hospitals’ clout in state capital built with money, contacts

Day 5 – Experts: Hospitals need scrutiny

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