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25 hospitals where charity care exceeds tax breaks

Lown Institute, a nonpartisan healthcare think tank, released a new report April 11 examining the finances of 1,773 nonprofit hospitals in the U.S. The report — which does not include large health systems like Renton, Wash.-based Providence; Oakland, Calif.-based Kaiser Permanente; Somerville, Mass.-based Mass General Brigham; Cleveland Clinic; and Detroit-based Henry Ford — found that some hospitals fell short on and others exceeded expected investments in their communities. More

Lown Institute: Even after community investment, nonprofit hospitals’ tax savings enough to rescue ‘every rural hospital at risk of closure’

Lown found that 77% of the reviewed hospitals spent less on community investments and charity care than the estimated value of their tax breaks. The group wrote that many facilities that had the largest deficit “also received millions in COVID-19 relief funding and ended the year with high net incomes.” More

Are Hospitals Driving Medical Debt?

Ten percent of Americans owe medical debt. According to a new report, much of that debt is owed to hospitals. What does this tell us about billing practices, financial assistance, and the balance between patients and profits in our current hospital systems? More

“Eye-popping” Exec Salaries a Catalyst for Tower Health’s Local Hospitals Losing Their Tax Exemptions

Tower Health’s trio of Chester County hospitals — Phoenixville, Brandywine, and Jennersville — lost their tax-exempt status due to the excessive salaries of the company’s executives, writes Judith Garber for the Lown Institute. The Pennsylvania appellate court recently denied property tax exemptions for these hospitals. Jennersville Hospital has already been sold to another system, while Brandywine Hospital closed in January 2022. More

20 hospitals with smallest CEO-to-worker pay ratios

CEO pay at large has been a target of criticism by workers in recent months, including physicians and travel nurses, and the issue has surfaced as healthcare professionals negotiate their own pay. Amid this criticism, Lown Institute, a nonpartisan think tank, has measured hospitals' and health systems' social responsibility via 53 metrics related to inclusivity, pay equity, community benefit, care value and outcomes. More