not-for-profit hospitals news from FierceHealthcare
NewsHospitals offer jobs, economic growth during hard times
Hospitals do more than provide medical care in New Jersey; they serve as a reliable source of jobs, income taxes, and spending in the midst of an economic slump. The Garden State had $18.6 billion in Read more...
Tax exemptions at not-for-profits come under scrutiny
State and local governments scrambling to generate tax revenues have their eye on property, sales and other tax exemptions currently enjoyed by nonprofit groups, including not-for-profit hospitals. Read more...
More reader skepticism on community benefit reporting
It's the health business subject that never dies: whether non-profit hospitals are earning their tax-exempt status. As readers of sister publication FierceHealthFinance know, I'm far from convinced Read more...
Not-for-profit hospital CEOs average $490,431 per year
Not-for-profits paid their CEOs an average of $490,431 in total compensation per year in 2006, according to a new report from the IRS. According to the survey, which tallied responses from about 500 Read more...
Grassley wants charity care standards in stimulus
Working with another member of the Senate Finance Committee, perennial not-for-profit hospital critic Sen. Chuck Grassley (R-IA) is offering two amendments to the massive stimulus bill that should Read more...
Moody's: Non-profit hospital credit downgrades at peak since 2001
Here's more evidence, if we needed any, that not-for-profit hospitals are facing tough times. Last year, according to Moody's Investors Service, not-for-profit credit downgrades exceeded upgrades by Read more...
Fitch still pessimistic about not-for-profits
Fitch Ratings continues to be pessimistic about the prospects for U.S. not-for-profit hospitals, according to the latest guidance from the agency. With unemployment rising, investment returns still Read more...
Moody's ratings changes could raise healthcare credit ratings
Moody's Investors Services has announced that it plans to adopt a revised rating scale for municipal bonds, which could raise healthcare credit ratings by an average of one notch. The agency plans to Read more...
Not-for-profit hospitals financially stable in '07, says Moody's
Despite the subprime mortgage-fueled financial markets meltdown, ongoing problems in the U.S. economy and ongoing pressure on margins, things weren't too bad for not-for-profit hospitals in 2007 Read more...
SPOTLIGHT: Not-for-profits' challenges and solutions
According to a survey by the Catholic Health Association of the United States (CHA) and consulting firm VHA Inc., a limited staff poses the most problems for not-for-profit hospitals. Two hundred Read more...
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