Jdubman / Wikimedia Commons

Two hospitals in Spokane, Washington, owned by for-profit Community Health Systems have failed to provide $110 million in free and discounted care to the area's poorest residents, according to a lawsuit filed Monday in federal district court.

The Empire Health Foundation was created several years ago after CHS bought the hospitals as a way to ensure people got the care they needed. (CHS is now selling the hospitals.) But the foundation alleged in the lawsuit that CHS was "part of a planned effort to drive indigent patients away from the hospitals, and, if they nonetheless sought services from the hospitals, to overcharge them." CHS said it will "vigorously contest the baseless allegations."

Go deeper: In exchange for not paying taxes, not-for-profit hospitals are expected to provide certain levels of charity care. But several analyses, like this from Modern Healthcare, have shown hospitals aren't doing enough.

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Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.

56 mins ago - Health

Axios-Ipsos poll: There is no new normal

Data: Axios/Ipsos poll; Chart: Andrew Witherspoon/Axios

The longer the coronavirus pandemic lasts, the farther we're moving apart, according to our analysis of nearly four months of data from the Axios-Ipsos Coronavirus Index.

Why it matters: Ever since life in the U.S. as we knew it came to a screeching halt, we've been trying to get our heads around what a "new normal" will look like. But so far, the politicization of the virus — and our socioeconomic differences — are working against any notion of national unity in impact or response.