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Washington, DC, hospital believes nonprofit status could help finances

Washington Post, January 25, 2010

Washington, DC-based United Medical Center is seeking a nonprofit charitable status to help stave off a financial crisis that appears to have worsened two years after it received nearly $80 million from the city. The proposed change comes as hospital officials and city leaders scramble to ensure the financial viability of the hospital. If approved, the status would be part of a broader deal to change the facility's ownership and increase its access to cash. Hospital executives say registering as a nonprofit charity would make it easier to serve some of the city's poorest residents.