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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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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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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