Hospice Is a Profitable Business, but Nonprofits Mostly Do a Better Job Nearly three-quarters of hospice organizations are now for-profit. Complaints of fraud and profiteering are growing. Author: PAULA SPAN Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to email a link to a friend (Opens in new window)Click to print (Opens in new window)MoreClick to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Tumblr (Opens in new window)