There are two types of hospitals, for-profit and non-profit hospitals. Even though both types operate to get patients back to health, there are still some major differences. One of these differences being that, for-profit hospitals have to pay income and property taxes. While non-profit hospitals are exempt from paying any state or federal taxes on income & property. Another big difference, is that non-profit hospitals have to invest all profits into their organization. Compared to for-profit hospitals which can distribute the profits they make to their investors. One last big difference between both hospitals is the ownership of them. Non-profit hospitals are owned by all sorts of investors. These investors are usually public shareholder’s
