CALIFORNIA–(ENEWSPF)–August 15, 2012. Private, not-for-profit hospitals, which dominate the California hospital landscape, rack up tax exemption benefits of close to $2 billion a year beyond what they return to communities in charity care, according to a new report released today.
The report by the Institute for Health and Socio-Economic Policy, research arm of the California Nurses Association/National Nurses United, was presented today in a Sacramento hearing of a special California Senate Select Committee on Charity Care and Nonprofit Hospitals chaired by State Sen. Ellen Corbett. CNA is calling on state officials to pass legislation to rein in the abuses.
Several of the state’s biggest and best known hospitals, Cedars Sinai Medical Center, Stanford University Hospital, and Sutter Health’s California Pacific Medical Center and Alta Bates Medical Center, have the worst records, the report found, in providing charity care relative to the government subsidies they receive in favorable tax benefits.
Key findings of the report are:
