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“And then bill private insurance and government insurance, the full cost,” explained Silver-Greenberg. The profits are thanks to this federal drug discount program called 340 B.”īasically, 340-B allows hospitals that serve low-income populations to buy drugs at a deeply discounted rate. “That became really the centerpiece in many ways of our story. “The question is, like, how it became so profitable?” Silver-Greenberg said. The numbers were surprising, says Silver-Greenberg. “No one really blames the doctors or the nurses or the aides or the techs, you know… but there is a sense, and it's like a whisper network…do not go there.”Īnd yet on paper Richmond Community makes more money than any other hospital in Virginia. “When you walk into Richmond Community Hospital, you would never know… that it is just bringing in so much money for the big system,” said Silver-Greenberg in a recent interview.Īs they report it, the MRI machine is constantly on the fritz and in 2017 Bon Secours shut the ICU shut down. That led them to Richmond’s east end – and a facility called Richmond Community Hospital, owned today by the non-profit chain, Bon Secours. Together they set out to learn more about how non-profit hospitals operate. Jessica Silver-Greenberg focuses on business. Katie Thomas is a healthcare reporter for the New York Times. That’s according to recent reporting from the New York Times. And yet the primarily Black community that the hospital serves often doesn’t get the care community members need. Richmond Community Hospital makes the most money of any hospital in the state.
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