{"id":18173,"date":"2025-09-11T13:47:09","date_gmt":"2025-09-11T18:47:09","guid":{"rendered":"https:\/\/uwm.edu\/business\/?post_type=tribe_events&p=18173"},"modified":"2025-09-15T16:03:26","modified_gmt":"2025-09-15T21:03:26","slug":"no-margins-no-mission-the-effects-of-immigration-on-the-hospital-sector","status":"publish","type":"tribe_events","link":"https:\/\/uwm.edu\/business\/event\/no-margins-no-mission-the-effects-of-immigration-on-the-hospital-sector\/","title":{"rendered":"No Margins, No Mission: The Effects of Immigration on the Hospital Sector"},"content":{"rendered":"

Part of the Lubar Research Seminar Series<\/em><\/p>\n

Speaker:\u00a0<\/strong><\/em> Giorgo Sertsios, University Wisconsin – Milwaukee
\n<\/strong>
\nNonprofit organizations dominate the U.S. hospital sector, yet their objectives and constraints are not well understood. We shed light on these issues by studying how hospitals adjust their investment and financing decisions in response to immigration.\u00a0 Instrumenting for immigration inflows using historical enclaves of foreign-born nationalities, we find that a 1% increase in immigration (relative to the county\u2019s initial population) leads to a 2.17% decline in hospital bed capacity over ten years. The effect is primarily driven by nonprofit hospitals, which are more likely to exit through closures or acquisitions. Continuing nonprofit hospitals experience a significant decline in their profit margins due to increased expenditure on uncompensated care. To cover the financial shortfalls, nonprofits curtail fixed-asset investments but do not raise additional funds. Our findings suggest that nonprofit hospitals operate under tight financing and operating constraints, underscoring a strong link between nonprofits\u2019 ability to generate profits and their capacity to pursue \u201cmission-driven\u201d objectives.<\/p>\n","protected":false},"excerpt":{"rendered":"

Part of the Lubar Research Seminar Series Speaker:\u00a0 Giorgo Sertsios, University Wisconsin – Milwaukee Nonprofit organizations dominate the U.S. hospital sector, yet their objectives and constraints are not well understood. We shed light on these issues by studying how hospitals …<\/p>\n","protected":false},"author":82,"featured_media":18184,"template":"","meta":{"_tribe_events_status":"","_tribe_events_status_reason":"","_tribe_events_is_hybrid":"","_tribe_events_is_virtual":"","_tribe_events_virtual_video_source":"","_tribe_events_virtual_embed_video":"","_tribe_events_virtual_linked_button_text":"","_tribe_events_virtual_linked_button":"","_tribe_events_virtual_show_embed_at":"","_tribe_events_virtual_show_embed_to":[],"_tribe_events_virtual_show_on_event":"","_tribe_events_virtual_show_on_views":"","_tribe_events_virtual_url":"","footnotes":"","uwm_wg_additional_authors":[]},"tags":[],"tribe_events_cat":[63],"class_list":["post-18173","tribe_events","type-tribe_events","status-publish","has-post-thumbnail","hentry","tribe_events_cat-research-seminar-series","cat_research-seminar-series"],"yoast_head":"\nLubar College of Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/business\/event\/no-margins-no-mission-the-effects-of-immigration-on-the-hospital-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Margins, No Mission: The Effects of Immigration on the Hospital Sector\" \/>\n<meta property=\"og:description\" content=\"Part of the Lubar Research Seminar Series Speaker:\u00a0 Giorgo Sertsios, University Wisconsin – Milwaukee Nonprofit organizations dominate the U.S. hospital sector, yet their objectives and constraints are not well understood. 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