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Which nonprofit hospitals give back the most, and least, to their communities?
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Nonprofit are exempt from paying taxes and in return are expected to invest in their communities. But most hospitals aren't meeting their obligation.
Nonprofit hospitals are exempt from paying most taxes and in return are expected to give comparable amounts back to their communities in the form of patient financial assistance, primary care clinics, substance abuse treatment and similar programs. But a new analysis from the Lown Institute, an independent health care think tank, finds that only 20% of nonprofit hospitals give back more to their communities than they receive in estimated tax breaks.
For the study, the Lown Institute used 2021 IRS data for more than 2,400 nonprofit hospitals across the U.S. Read on to see which were the most and least generous.
