id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ihlr-18961	Corbett, Terry L.	Healthcare Corporate Structure and the ACA: A Need For Mission Primacy Through a New Organizational Paradigm?	2015	80	.pdf	application/pdf	24947	1030	47	For-profit hospitals: are owned by stockholders, are managed by a stockholder-elected board of directors, raise capital by issuing taxable debt and/or selling equity, and either distribute their net earnings as stockholder dividends or reinvest it to increase stock value.12 By contrast, nonprofit hospitals: are not “owned” in the traditional sense,13 are managed by either a membership- selected or self-perpetuating (usually unpaid volunteer) board of directors, raise capital through charitable donations and/or the issuance of tax-exempt debt (assuming 9 See infra Section IV.A.4.a. According to Courtney: “The new Ruling stated that the general law of charity considered promotion of health a charitable purpose; therefore, ‘[a] nonprofit organization whose purpose and activity are providing hospital care is promoting health and may . . .	cache/ihlr-18961.pdf	txt/ihlr-18961.txt