Financial Problems of Voluntary Hospitals

Archive Report

Failures of community chests to reach their goals in 1948 red feather campaigns will add to the financial difficulties of hospitals which look to the chests for aid in meeting a part of their operating expenses. Newspaper surveys in eastern states report hospital deficits for this year which will run into the millions. All recent studies have pointed to the need of finding new sources of income or cutting the costs of hospital service, or both, if the country's nonprofit hospitals are to be put on a firm financial footing.

The most obvious source of financial aid in meeting operating expenses is the federal government, which already contributes to costs of hospital construction under the Hospital Survey and Construction Act of 1946. A 10-year national ...

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