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A comment on Ask HN: Who Is Firing?. Parent comment

Re:Ask HN: Who Is Firing? by catacombs on Thursday April 16, 2020 @03:58PM (#22892876)
My parent comment does not mention Mayo Clinic. I'm mainly talking about hospitals that operate only for profit.
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Re:Ask HN: Who Is Firing? by notechback on Thursday April 16, 2020 @04:14PM (#22893034)
Apparently many US hospitals are formally non-profits but operate very much in a corporate logic. What did mayo do with its bn profit last year that Op mentioned?

Mayo earns $12bn per year.

As contrast, a hospitals in Germany for a whole year cost €105bn, with an average total cost per stay (including operations etc ) of 4500€.

https://www.destatis.de/DE/Presse/Pressemitteilungen/2018/11...

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