A recent Lown Institute article shows that many nonprofit hospitals aren’t doing enough to invest in community health programs. These hospitals, which receive tax exemptions, are supposed to use their revenue to fund services like free care and health screenings. However, IRS audits found that hospitals often misuse these funds, directing them toward projects that […]
community benefit
CEO Pay in Nonprofit Hospitals Rises
A recent CEOWORLD magazine article highlights the rising CEO pay in nonprofit hospitals. According to a study by Rice University, CEO compensation in nonprofit hospitals increased by 30% between 2012 and 2019. This sharp rise raises serious concerns about the priorities of these hospitals. Are they focusing on executive pay rather than their charitable missions? […]
Lown Report: Are Hospitals Contributing Enough to Their Communities?
Nonprofit hospitals are under scrutiny due to recent findings from the Lown Institute. These findings reveal that many nonprofit hospitals receive more in tax breaks than they contribute to their communities through programs like charity care. This discrepancy raises critical questions about the accountability and fairness of these institutions. The Lown Institute’s Revelations The Lown […]