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Health New England
Baystate Health is a not-for-profit integrated health care system, health system headquartered in Springfield, Massachusetts, serving Western Massachusetts and the Knowledge Corridor Region of Massachusetts and Connecticut. The system has 5 hospitals, over 80 medical practices, and 25 reference laboratories. With 12,000 employees including 1,600 physicians, it is one of Massachusetts' largest employers. Baystate also owns the for-profit insurer Health New England. History 1974–1983 In 1974, Springfield Hospital Medical Center merged Wesson Women's Hospital to create the 672-bed Medical Center of Western Massachusetts. In 1976, the Medical Center of Western Massachusetts merged with Wesson Memorial Hospital. The merger established Baystate Medical Center, then the second-largest hospital in New England, with 1,036 beds. In 1983, Baystate Medical Center was reorganized into three separate corporations: Baystate Health Systems, the parent corporation now renamed Baystate Health; B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
