20 hospitals, systems where charity care exceeds tax breaks
(By Kelly Gooch for Becker’s Hospital Review)
The Lown Institute, a nonpartisan healthcare think tank, released a new report March 26 examining the finances of more than 2,400 nonprofit hospitals in the U.S.
For the report, Lown calculated private nonprofit hospitals’ “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. Continue reading here…
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