Nonprofit hospitals, traditionally seen as pillars of community health, are increasingly operating like for-profit enterprises, as highlighted in this KFF Health News article. These institutions leverage their tax-exempt status while generating substantial revenue through various ventures, including for-profit subsidiaries and investments. This raises the question: Are they truly serving their communities, or are they exploiting […]
nonprofit
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 […]
Zero to $50 Million in Medical Debt Relief
Last month, Dollar For hit $50 million in medical debt relief! As we celebrate this significant milestone, let’s also take a look back to appreciate where Dollar For started. A Medical Crisis Jared Walker, the founder of Dollar For, was sitting on the couch with his wife when they received devastating news: her aunt had […]