Donations to hospitals set a new record in 2011, but the costs of soliciting those funds continued to rise as well, according to a new report by the Association of Healthcare Philanthropy (AHP). Altogether, hospitals raised $8.94 billion last year. That actually topped the previous record year of 2008 by 4 percentage points, when $8.58 billion was raised. Philanthropy was then affected by the onset of the Great Recession in the intervening years, hitting a bottom of $7.64 billion in 2009.
When people give to hospitals doesn’t this raise the cost of healthcare to the rest of us — even more than the $2.7 trillion we are already spending?