Memorial Health Named National Leader
Think-Tank: Health System is 15th in Nation for Community
Spending Over Tax Breaks
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[July 12, 2022]
Memorial Health, which includes Lincoln Memorial
Hospital, was one of the top 25 nonprofit hospital systems in the nation
whose spending on charity care and community investment exceeded the
value of their tax exemptions.
The national ranking, known as the Lown Institute Hospitals Index,
listed the Springfield-based health system as 15th in the nation for
“fair share” surplus, meaning its charity care and community investment
exceeded the total of its tax breaks. It was the only health system in
Illinois to be listed among the top 25 nationwide.
“We take seriously our commitment to give back to our community,” said
Dolan Dalpoas, president and CEO of Lincoln Memorial Hospital. “This
ranking shows that we are living our values of integrity and
stewardship. We have been entrusted with ensuring that our community is
resourced in ways that address the social determinants of health and
improve lives.”
Two examples of that commitment are the free health screenings for blood
sugar, blood pressure and lipid profile offered at The LMH Market every
second and fourth Saturday while the market is open from May through
September and the free weekly breastfeeding support group at the
hospital for mothers and their newborns.
The think-tank’s report said Memorial Health spent $31 million more on
charity care and community investment than it received in tax breaks.
Memorial Health was one of five nonprofit health systems in the state to
have a “fair share” surplus.
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“We believe we have a responsibility to be good stewards of our
resources as we work toward our mission to improve lives and build stronger
communities through better health,” said Ed Curtis, president and CEO of
Memorial Health. “This national report shows our priorities are in the right
place to fulfill that mission.”
The Lown Institute calculated the “fair share” spending for more
than 1,800 hospitals across 275 nonprofit health systems based on their 2019 IRS
Form 990 filings.
Illinois ranked 46 out of all 50 states for fair share spending. Nationally, out
of the 275 health systems evaluated, only 48 spent more on charity care and
community investment than the estimated value of their tax breaks.
[Michael Leathers] |