Word: nonprofitability
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...outspoken opponent of the Viet Nam War. But his interest in the country, which bordered on obsession, outlived America's controversial involvement. In 1977, two years after the fall of Saigon, Cooperman made the first of about a dozen trips to Viet Nam. Upon his return, he founded the nonprofit Committee for Scientific Cooperation with Vietnam, through which he publicly lobbied for normal diplomatic and trade relations with the new pro-Soviet regime...
...ball club, no longer the tightly held property of Mr. P.K. Wrigley, who for 45 years seemed to regard the team as a nonprofit organization, has just filed legal challenges to the state and local laws that have been confounding night baseball on the North Side of Chicago. A reasonable guess is that lights will be installed by next postseason and in regular use by 1986. Attendance is not the concern. In a park whose capacity counts just 37,275, the Cubs drew 2.1 million people last year despite a horrendous spring- training record that discouraged business early. Whether that...
...registered nurse with a health-management company involved in auditing hospital bills for insurance carriers. Previously I spent seven years working in an acute-care unit of a nonprofit hospital. From my experience, I can tell you that the waste, misbilling, double billing and unnecessary testing are atrocious. More power to Louisville's Humana Hospital for hiring business professionals who can correct the inefficiencies and institute money-saving methods...
...Nonprofit hospitals should consider adopting the corporate approach to controlling expenditures. I am not suggesting that all medical institutions should make a profit, but perhaps cost containment through consortium development would provide an effective alternative to escalating health-care costs...
...follow a policy of sending indigent patients to nearby community hospitals when possible. Humana Spokesman Robert Irvine points out that people who cannot pay are not turned away from the University of Louisville facility, but defends the right of the firm's other hospitals to refer indigents to nonprofit and community institutions. Says he: "We're paying money through our taxes to support those hospitals. Those being paid to do it should be the ones to handle...