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9 New York hospitals fall short on giving back to community by $727M: Lown Institute

Nine New York hospitals out of a study of 21 are failing to invest in their communities in an amount equal to the tax breaks they receive on a federal, state and local level, the Lown Institute reported Nov. 16.  The study only examined data from nonprofit hospitals, including nine that are a total of $727 million short of community investments that equal their combined $1.2 billion in tax breaks in 2019. The report dubbed this a "fair share deficit." More

NYC Nonprofit Hospitals Saw High Tax Breaks, Low Community Investments

New York City nonprofit hospitals had a fair share deficit of $727 million in 2019, with nine major facilities spending less on community investments than they received in tax breaks, according to a report from the Lown Institute. In exchange for being exempt from most federal, state, and local taxes, nonprofit hospitals must provide free and discounted care to their communities and invest in community health improvements. More

AFT presentation resources

Fair share spending results Fair Share in the News Subscribe to the Lown Weekly Subscribe to our weekly newsletter to get free blogs, news, and updates on our projects. View/download slides More

Get ready for the 2022 Shkreli Awards!

The Lown Institute's annual Shkreli Awards highlight the most egregious examples of profiteering and dysfunction in our healthcare system. From systemic failures to negligence to fraud, the Shkreli Awards are here to spotlight the worst. On January 10 at 1 pm ET, we will be counting down the top ten most glaring examples of our broken system, and you're invited! More

Dallas-Fort Worth racks up medical debt, even as its hospitals thrive

Regardless of tax status, medical centers in markets with high medical debt do provide more charity care, according to an analysis by KHN and the Urban Institute, a Washington think tank. That’s important, said Dr. Vikas Saini, president of the Lown Institute, a nonprofit that grades hospitals on their quality and community benefits. But he asked: “Is a hospital truly serving its community if it’s pushing so many into debt?” More

Private Equity and Healthcare Part 2: Nursing and Older Adult Care

Over the past 20 years, private equity investments in the United States healthcare sector have increased twentyfold, reaching above $100 billion. How have these acquisitions changed the business practices of hospitals and other healthcare organizations? This blog is the second in a series the Lown Institute is developing on the effects and implications of private equity acquisitions sweeping the healthcare industry.  More

When nonprofit hospitals start acting like for-profits

Through our work with the Lown Institute Hospitals Index, we’ve seen how socially responsible hospitals can be. These top hospitals prioritize equity, while maintaining excellent patient outcomes and avoiding overuse. But not all hospitals have performed well on social responsibility. In fact, the New York Times recently highlighted two nonprofit hospital systems that have gone against their social mission and put profits over patients fair share spending was featured in these articles. Here’s a breakdown of what the Times uncovered. More