Is the New Hanover Regional Medical Center a nonprofit, for-profit, government or quasi-government agency?
Like the majority of hospitals in the United States, New Hanover Regional Medical Center operates as a not-for-profit health care system. While there’s no legal difference between not-for-profit and nonprofit groups, a not-for-profit organization typically makes its money through business operations. In 2003, about 62 percent of the 3,900 nonfederal, acute care hospitals in the country were not-for-profit, according to a report from the U.S. Government Accountability Office. For-profit hospitals made up 18 percent, and government hospitals made up 20 percent. Still, New Hanover Regional is a public hospital, so there is a board of trustees appointed by county commissioners that makes policy decisions for the facility and includes a county commissioner as an ex-officio member. Novant Medical Center, which runs Brunswick Community Hospital, is a private not-for-profit system. And Dosher Memorial Hospital in Southport is a township-owned hospital and relies on taxes paid by residents in t