TY  - JOUR
T1  - FInancing hospital care
AU  - Turner J
Y1  - 1949/10/15
N1  - 10.1001/jama.1949.02910070049020
JO  - Journal of the American Medical Association
SP  - 477
EP  - 477
VL  - 141
IS  - 7
N2  - To the Editor:— 
    The editorial of September 10 headed "Financing Of Hospital Care" refers to a nonprofit general hospital which reported an operating loss of almost a million dollars. If by "operating loss" is meant the difference between what it costs to render service to patients and what the patients pay for that service (including insurance payments on their behalf), one can find several hospitals in the country with losses exceeding one million dollars. The Mount Sinai Hospital, in fact, had an operating loss of $1,831,573 in 1947 and $1,679,679 in 1948. These losses are described by the hospital euphemistically as the "total philanthropic expenses for the year." Of course, this "philanthropic expense" was not entirely a drain on the hospital's own resources; it was reduced in large part by grants and subsidies from local welfare chests and the government, and by income from the hospital's own endowment fund. Neither
SN  - 0002-9955
M3  - doi: 10.1001/jama.1949.02910070049020
UR  - http://dx.doi.org/10.1001/jama.1949.02910070049020
ER  -