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

Abstract: 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."