DOTmed July 29, 2021
Despite enjoying big tax breaks, many nonprofit hospitals fail to invest the same amount in community health.
That’s what the healthcare think tank Lown Institute found in the findings of its Lown Hospitals Index 2021 Community Benefit report, which showed a deficit of nearly $17 billion invested in communities by their nonprofits. Investments in community health can help low-income families get financial assistance without going into debt; keep people from delaying care they cannot afford on their own; and address upstream social determinants to keep people from getting sick in the first place.
“The biggest reason a hospital wouldn’t invest their fair share is that they don’t have to. The IRS requires hospitals to spend on community benefit, but it...