When is a nonprofit not a nonprofit? How about when it recruits, and wins over, investors?

That's what is happening increasingly in the health care field, reports the Wall Street Journal. Nonprofit hospitals (about 60 percent are nonprofits) are actively courting investors in order to prepare for the market share battles that have erupted among hospital systems in recent years.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.