Sale of nonprofit hospitals can provide a silver lining to local governments

While community activists generally bemoan the sale of a nonprofit hospital to large for-profit corporations, the change in tax status can provide a windfall to local coffers.　In York, PA, the transfer of nonprofit Memorial Hospital to publicly traded Community Health Systems will add $34,694 to the Spring Garden Township and $290,819 to the school district - based on the hospital's current assessment. While this may provide little comfort to those who believe that local nonprofits provide the best care, it can be a material difference to cash strapped local governments.　

http://www.ydr.com/local/ci_19830078