faa wrote:
Mater hos just like other institutions like strathmore claim its not for profit. NGO`s are the only institution not for profit
Mater makes profits ,its not charity. If it wasn't for profit,it wouldn't be charging patient.
The not for profit line was a line used by NGO`s in the 20th century to solicit money from europen union and other donors especially from spain who would fall for it
QW25091985 wrote:LOL. i think you guys are joking . i am yet to see a business be it public or private that operates WITHOUT profits .
those doctors have to be paid, those nurses have to be paid , water and electricity bills have to be paid . where will the money come from if they arent making any profit ????if they aren't engaging in profitable business activities ?
There is a big difference between a charity and a not-for-profit institution.
Charity depends on donors and provides services for free or at subsidised rates. A mission hospital, for example, is a charity. That's why their rates are so low.
The Mater hospital is not a charity. Patients pay the full cost of the service (this includes money to pay the doctors and nurses at the prevailing market rates, to buy the drugs, to maintain the wards at modern levels of comfort, to upgrade equipment etc)
However, the owners of the hospital [Catholic Church] never get paid any dividends.
This is the reason Mater is a lot more expensive than, say, Kijabe Mission Hospital. The latter relies heavily on donations from affiliate churches and other benevolent donors. Patients only pay "token fees" to give them a sense of dignity. Actually, many mission hospitals can run perfectly without charging a cent; but that would be dehumanising to the community.