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Who owns Glens Falls Hospital?
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Glens Falls Hospital is a not-for-profit, community hospital. It was founded by the people of our region in 1897, and is governed by local people today in the form of the Glens Falls Hospital Board of Governors.
The Board is made up of local business people, community leaders and area doctors who work together to ensure that the Hospital provides high quality care, close to home.
What is a not-for-profit, community hospital?
As a not-for-profit, community hospital, Glens Falls Hospital has three important
obligations:
 | Reinvestment in Quality Care. Any money earned by the hospital is reinvested to hire and train high-quality medical professionals and to provide our community with the latest health care technologies and services. |
| Quality Care to All. Glens Falls Hospital has a responsibility to
provide high quality care to local people, regardless of their ability to pay. Each year,
your hospital provides millions of dollars in uncompensated care to local people who do
not have health insurance, are not eligible for Medicaid and cannot afford to pay for
their own care. A privately owned, for-profit hospital has no such obligation. At the same time, continuing changes in our nation’s and state’s health care payment systems mean that Medicare, Medicaid and private health insurance plans often pay your Hospital less for its services than it actually costs to provide them. Each year, your Hospital incurs millions of dollars in cost that is not reimbursed for this reason. Again, a private, for-profit hospital has no obligation to provide this care. |
| Care in your Community. Your hospital has a responsibility to provide people across our region with a high quality and broad diversity of care, close to home, so that they don’t have to travel to Albany, New York City or Boston. With a service area that stretches across five, primarily rural counties and 2,600 square miles, your hospital also makes every effort to bring care to local people, through community health services, such as primary care centers, school-based programs and mobile health care services. Many of the services provided by Glens Falls Hospital do not generate enough revenue to pay for themselves, but are provided because the lives of local people depend on them, such as dialysis for people with kidney disease. |