It’s no secret that tax-exempt hospitals often fall short on their “charitable giving”, creating the fair share deficit, meaning they receive more tax breaks than they spend on the community.
In Ohio alone, 74% of private non-profit hospitals have a fair share deficit.
According to a recent Lown Institute report, local nonprofit hospitals in Ohio receive a collective $2.2 billion in tax breaks each year. But, only one out of eight local hospitals spent more than it received in tax breaks on community investment from 2020-2022.
For example, the fair share deficits for some of the largest hospitals in Ohio are:
Transparency and accountability are essential when it comes to our healthcare system. That’s why Better Solutions calls on hospitals to be more open about their pricing and community investments. We deserve to know how our hospitals are giving back to our community, and whether it’s enough to justify the billions of dollars in tax breaks they receive each year.
