NEWS: Chairman Sanders Releases New Report Showing Major Nonprofit Hospital Systems Exploiting Tax Breaks and Prioritizing CEO Pay Over Helping Patients Afford Medical Care

Press Release

"In 2020, nonprofit hospitals received $28 billion in tax breaks for the purpose of providing affordable health care for low-income Americans. And yet, despite these massive tax breaks, most nonprofit hospitals are actually reducing the amount of charity care they provide to low-income families even as CEO pay is soaring. That is absolutely unacceptable. At a time when 85 million Americans are uninsured or underinsured, over 500,000 people go bankrupt because of medically-related debt, and over 60,000 Americans die each year because they cannot afford to go to a doctor when they need to, nonprofit hospitals should be providing more charity care to those who desperately need it, not less. And if they refuse to do so, they should lose their tax exempt status."

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