Weighing Change: Converting Public Hospitals to Private, Not-for-Profit Organizations
Healthcare attorneys Jesse Neil, Renee Wilson and John Wesley Williamson co-authored an insightful article for members of The Governance Institute on the considerations, opportunities and challenges of transitioning public hospitals to private, not-for-profit 501(c)(3) entities. They discuss key elements to weigh when considering and undergoing the process, such as identifying whether the conversion would contribute to the hospital's mission and long-term goals, as well as determining the legal requirements that need to be completed before executing the transition.
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