Difference between Not-for-profit and Non-proft

[OncologyRN408]

Hi guys,

I am really interested in the HRSA nurse education loan repayment program for next year. I work at large hospital chain out here in the Bay Area, CA, and was wondering if it would fulfill the "non-proft" criteria in order to apply.

My hospital is "not-for-profit", and the HRSA criteria only states that *for-profit hospitals and facilities are ineligible. So does anyone know for sure if my facility would quality? Any ideas?

[GwizBob]

Contact HRSA for clarification. Go straight to the source.

[classicdame, MSN, EdD]

they are all wanting to make a profit in order to stay in business. Non-for-profit facilitites raise money through bonds. For-profit raises money through stocks. Either way, they have to have an infusion of cash periodically in order to stay afloat. All hospitals getting medicare patients have to follow the EMTALA act too (Emergency Medical Treatment and Active Labor Act). So not-for-profit might not see any more charity cases than anyone else.

[ItsTheDude]

there's no difference, it's like so many other words/phrases used to say/describe the same thing. they both want the tax breaks associated with being non-profit aka not-for-profit.

[Whispera, MSN, RN]

Not-for-profit have to provide some amount of service to those who can't afford to pay for what they need. Does the facility have a free clinic? That's a good sign it's not-for-profit. You can call the facility and ask them. They wouldn't mind answering that question. Try to get to the place's administrator rather than asking the first person who answers the phone, who might not know though.