The growing problem of medical debt in America has garnered national attention. To help us understand how we got here, we invited some of those working on the frontlines of this issue to participate in a multi-panel, virtual event.
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A recent study finds that 57% of physicians received a payment from industry over the past ten years. What are the implications of these payments?
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When it comes to hospitals giving back to their communities, it doesn’t only matter how much hospitals spend, but how they spend it.
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Some nonprofit hospitals and systems are getting attention for rewarding CEOs with housing bonuses, supplemental retirement plans, and other benefits.
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Vikas Saini, MD, president of the Lown Institute, is speaking out on high hospital CEO pay. Dr. Saini recently discussed rising compensation with the Fresno Bee.
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For the report, Lown calculated fair share spending based on IRS form 990 for the fiscal year ending 2021 by comparing estimated value of hospital tax exemptions to money spent on meaningful community investments.
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Register now for our conference on medical debt on May 14, 2024.
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This children's hospital paid their CEO more than they spent on financial assistance. What explains this upward trend in executive pay?
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These hospitals had the largest fair share surpluses in their state. That means that their spending on meaningful community investments exceeded the value of their tax exemption.
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As medical debt grows more prevalent and harmful, state and local governments are taking action to forgive debt in their region. How can we expand these one-off actions into policy change to prevent debt before it starts?
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“When you add it all up, between the CEO compensation, the bonus for some kind of performance metric, and all the other vice presidents, I think these are legitimate questions for the board of that hospital,” Saini said. “The fact pattern raises a lot of questions.”
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These hospitals had the largest fair share surpluses in the nation. That means that their spending on meaningful community investments exceeded the value of their tax exemption.
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These health systems had the largest fair share surpluses in the country, meaning their spending on community investments exceeded the value of their tax exemption.
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About 80% of all nonprofit hospitals' charity care falls behind tax breaks, according to a new Lown Institute report – and some are short by hundreds of millions of dollars.
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Communities invest in their local nonprofit hospitals through big tax breaks. Are hospitals giving back their fair share in return? Alongside California health policy experts, we unpack the results of the 2024 "Fair Share Spending" analysis.
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The Cleveland Clinic is high among U.S. nonprofit hospitals not doing enough to directly benefit their communities, and University Hospitals ranks second in Ohio behind the Clinic, according to the Lown Hospitals Index 2024 Community Benefit ranking.
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Grady Memorial Hospital ranks in the top 10 of the nation’s nonprofit hospitals for spending more on charity care than what they receive in tax breaks, according to a new report and ranking published Tuesday. Wellstar Health System also showed up high on the list — 4th in the nation for community spending by nonprofit health systems.
The rankings were based on 2021 tax filings examined by the Lown Institute, a nonprofit think tank. Lown examined close to 70 Georgia hospitals.
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The vast majority of nonprofit hospitals aren't providing a level of community support equal to the value of what they are receiving in tax breaks, according to a study published Tuesday.
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One major benefit of being a nonprofit hospital is receiving tax exemptions on property taxes, income taxes, and sales taxes. Experts told STAT that implies a “social contract” with taxpayers, where these hospitals will help take care of the most vulnerable. But according to a new study, 80% of 2,425 nonprofit hospitals spent less on charity care and community investment than they got in estimated tax breaks.
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