A digital tool promised to help patients manage their diabetes. Then the hospital behind it pulled the plug.
Together, nonprofit hospital systems held more than $283 billion in stocks, hedge funds, private equity, venture funds and other investment assets in 2019, the analysis found. Of that, nonprofit hospitals classified only $19 billion, or 7 percent, of their total investments as principally devoted to their nonprofit missions rather than producing income, the KHN analysis found.
Source: WP
