Raleigh, N.C.-based WakeMed Health & Hospitals has filed a public records request for documents related to UNC Health Care, Rex Healthcare and other subsidiaries, according to a Bloomberg Businessweek report.
WakeMed claims the UNC system is creating "unfair competition" by duplicating high revenue-generating services. WakeMed also claims it provides a disproportionate amount of charity care when compared to UNC. WakeMed provides 80 percent of charity care in Wake County, according to the report.
"Any time we see a non-profit organization doing very little non-profit work and being subsidized by state money, it's time to call attention to that," said WakeMed CEO Bill Atkinson.
Read the Bloomberg Businessweek report on WakeMed.
Read more coverage on WakeMed:
- North Carolina's WakeMed to Distribute $7.6M in Bonuses to Employees
- North Carolina's WakeMed opening $99M Children's Hospital
- Head of North Carolina's Moses Cone Leaves to be COO of WakeMed System
WakeMed claims the UNC system is creating "unfair competition" by duplicating high revenue-generating services. WakeMed also claims it provides a disproportionate amount of charity care when compared to UNC. WakeMed provides 80 percent of charity care in Wake County, according to the report.
"Any time we see a non-profit organization doing very little non-profit work and being subsidized by state money, it's time to call attention to that," said WakeMed CEO Bill Atkinson.
Read the Bloomberg Businessweek report on WakeMed.
Read more coverage on WakeMed:
- North Carolina's WakeMed to Distribute $7.6M in Bonuses to Employees
- North Carolina's WakeMed opening $99M Children's Hospital
- Head of North Carolina's Moses Cone Leaves to be COO of WakeMed System