Nonprofit hospitals pledge to elide financial incentives for a higher commitment to quality of care and community investment in exchange for tax exemption, but giant nonprofit hospitals that generate huge revenue streams are coming under scrutiny.
A recent study showed that 7% of nonprofit hospitals were the beneficiaries of over half...National Reports & Surveys
New analysis from Ernst and Young (EY) for the American Hospital Association (AHA) shows that non-profit hospitals provide benefits to their community at a rate an order of magnitude higher than what they're exempt from paying in taxes.
The analysis covered 2020 and includes data that "reflects the impacts of the COVID-19 pandemic."...
The Lown Institute, a nonpartisan think tank that studies hospital spending and community health, released a new analysis of nonprofit hospital spending based on 2021 Internal Revenue Service data and found that the majority of hospitals receive more in tax break benefits than they spend in community support.
Of the nearly 2,500...
Nonprofit hospitals have drawn severe public scrutiny over the past year, as stories have surfaced about hospitals' aggressive billing practices and the lack of charity care that the sector is expected to provide. This week, further investigation turned up evidence that nonprofits are avoiding disadvantaged communities and maximizing...National News
Kaiser Permanente (KPH), one of the largest non-profit health systems in the country, reported $7.5 billion dollars in income for the year 2019, roughly triple what they made in 2018. Despite the sudden and striking change in income, Kaiser appears to have a vested interest in boosting local communities where they are integrated and are...
