SE hospital believes nonprofit status could help finances

Washington's United Medical Center is seeking charitable status to stave off a worsening financial crisis and continue serving the city's poorest neighborhoods. Frank G. DeLisi, the hospital's chief executive, said the conversion would save the center hundreds of thousands of dollars in tax bills, lift fund raising, and qualify it for higher Medicaid and Medicare reimbursements.

Full text article by Tim Craig is available via The Washington Post, 1/24/10.