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 […]
tax breaks
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 […]