A new report alleges Colorado’s nonprofit hospitals aren’t giving as much as they get from avoiding taxes. Do you agree? Lawmakers think the issue boils down to whether hospitals are meeting communities’ needs.
A new report alleges Colorado’s nonprofit hospitals aren’t giving as much as they get from avoiding taxes, but state officials question the conclusions and say the real issue is whether hospitals are meeting communities’ needs.
The Lown Institute, a think tank focused on health care reform, calculated how major American nonprofit hospitals’ charitable care and community investment spendingThe institute determined nonprofit hospitals in Colorado received about $229 million more in tax relief than they provided in community benefits, ranking the state 30th in the country.
Lindsay Radford, spokeswoman for Centura, said measures of community benefit don’t include all of the system’s investments in improving public health. Lown did not provide a breakdown of the figures it used to find hospitals received $229 million more in tax relief than they provided in benefits to their communities.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Community activists say second arrest over Lakeside stabbing is step forward, but not enoughCommunity activists say the arrest of a second teenager in connection with the April 16 stabbing of a Black girl in Lakeside is a step forward, but is not enough.
Read more »
Canadian military not doing enough to detect, prevent extremism in the ranks: ReportA scathing new report on racism in the Canadian Armed Forces says the military is not doing enough to detect and prevent white supremacists and other…
Read more »
Mark Meadows was briefly registered to vote in three states: Report.MarkMeadows, former President Donald Trump's chief of staff, was registered to vote in three different states for a brief period of time, a new report says.
Read more »
Credit Suisse poised to revamp senior management, NZZ am Sonntag reportsLoss-making Credit Suisse could shake up senior management as new Chairman Axel Lehmann seeks to put the embattled Swiss bank back on stable ground, Swiss Sunday newspaper NZZ am Sonntag reported.
Read more »
U.S. Wineries Still Not Doing Enough To Attract Younger, Multi-Cultural Consumers, New Report SaysThough more than 50% of the premium wineries surveyed in Silicon Valley Bank’s 2022 State of the Wine Industry Report, stated they had a very good financial year in 2021, report author, Rob McMillan, warns that the industry is still not doing enough to engage with new consumer segments.
Read more »