WATCH: California experts discuss fair share results
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. More
Cleveland Clinic, UH among hospitals not spending enough on community support, says new report
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. More
Study says charity care falls short at many nonprofit hospitals
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.
Hospital charity care falls short of nonprofit tax breaks: Lown
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.
Some nonprofit hospitals spend less on charity care than they receive in tax breaks, new analysis shows
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. More
Two NY hospitals have largest gaps between tax breaks and charity care nationwide
Roughly 120 statewide hospitals racked up tax exemptions estimated to value $4.2 billion in 2021, but collectively they only spent $3.2 billion on community benefits such as financial assistance or free health clinics, according to an analysis released today by the Lown Institute, a Boston-based health care think tank. More
80% of nonprofit hospitals’ community investments lag their tax savings, Lown Institute finds
Four in five nonprofit hospitals are spending less on community benefit areas like financial assistance than what they are estimated to receive in tax breaks, according to the latest annual report from the Lown Institute looking at 2021 IRS filings. More
More than 1,900 hospitals give less in benefits than they get in tax breaks: Report
The Lown Institute analysis found the total fair share deficit of nonprofit hospitals reached $25.7 billion. The institute said that would pay off the medical debt of everyone living in California, Texas, New York and Pennsylvania combined. More
20 hospitals, systems where charity care exceeds tax breaks
Here are 10 hospitals that had the largest fair share surpluses, meaning their spending on community investments exceeded the value of their tax exemption in 2021, according to Lown. They are listed in descending order based on surplus amount. More
20 hospitals, systems where charity care lags behind tax breaks
86% of Illinois nonprofit hospitals take more than they give, report says
Some 86% of nonprofit hospitals in Illinois that were studied by the Lown Institute give back less to their communities than they receive in tax breaks, the Boston-based health care think tank said March 26. More
PRESS RELEASE: More than 1,900 nonprofit hospitals receive more in tax breaks than they give back to their community, totaling billions
Are nonprofit hospitals giving back as much as they take in tax break? More
Report says tax breaks for Minnesota hospitals, including Mayo, outweigh community benefit
"If nonprofit hospitals want to enjoy those tax breaks, they need to do more to justify them," Saini said in an interview. "What we're trying to encourage is more community leaders to ask questions about that, because simply saying 'we train doctors, we do research and we lose money on Medicaid' is not sufficient any more. These are big, big businesses." More
Steward implosion provides cautionary tale on private equity in health care
Steward Health Care, a for-profit system formerly owned by a private equity firm, is selling nine hospitals in Massachusetts, after running out of money to run the hospitals. Here's what happened, and what the fallout might mean for Massachusetts communities. More
REGISTER: Are hospitals giving back as much as they take? A close-up look at California
Communities invest in their local nonprofit hospitals through big tax breaks. Are hospitals giving back their fair share in return? To find out, the Lown Institute analyzed hospital community investments compared to the value of their tax breaks—what we call “Fair Share Spending.” More
Am I eligible? Why financial assistance policies vary drastically between states
Suppose you are an individual who makes $21,870 per year, or 150% of the federal poverty level (FPL), and have come to the hospital for treatment. Would you be eligible for financial assistance to help these expenses? It depends on where you live. More
Median nonprofit CEO pay in Minnesota jumps 25% in compensation comeback
Non-financial measures should be part of the conversation when setting CEO pay, said Dr. Vikas Saini, president of the Lown Institute, a Massachusetts-based group that evaluates executive compensation, but there's virtually no public information on exactly how nonprofits grade their CEO's performance on things like quality, safety and patient experience. More
Nonprofit hospitals have an obligation to help their communities, but the people who live nearby may see little benefit
In terms of “how well hospitals invest in community health,” a health-focused think tank, the Lown Institute, graded our three hospitals as average: Hartford Hospital earned a B grade, and the University of Colorado Hospital and the vaunted Cleveland Clinic both earned a C. More
The rising danger of private equity in healthcare
Emerging evidence shows that the influence of private equity in healthcare demands attention. Here’s what’s in the latest research. More
