Question: You are a tax attorney and consultant to Doctor's Hospital, a for-profit, physician-owned hospital. You are scheduled to give a presentation to the board regarding

You are a tax attorney and consultant to Doctor's Hospital, a for-profit, physician-owned hospital. You are scheduled to give a presentation to the board regarding the advantages related to converting the hospital to not-for-profit tax status. What are your arguments? What are the board's likely arguments to remain for-profit?

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