Monday, May 4, 2009

Camden M.D. leases his fully equipped office to indigent care program for $1.00 per year!

http://www.jacksonville.com/news/georgia/2009-05-04/story/lease_agreement_helps_expand_free_health_program_in_camden

6 comments:

Anonymous said...

seems to be a doctor that cares for people, just need more like him.

Anonymous said...

It may also be a way to reap quite a nice tax benefit. If that office would usually lease for (making numbers up here) 10 thousand per month, that's a 120k per year loss/charitible donation he can take against his new salary.

Jay Moreno said...

True, but still not nearly as profitable (net) as leasing it to another M.D. Let's not let his financial sophistication diminish his altruism.

Anonymous said...

Thanks Jay

Jay Moreno said...

De nada.

Anonymous said...

That of course, assumes that there is a Physician wanting to lease the office. This may also be a way to receive a benefit while waiting on a paying tenant. And to make myself clear, I applaud the 1 dollar lease.