Navigation Links
Report Ignores True Value of Chicago Hospitals
Date:4/10/2009

patients who qualify for charity care. But it criticizes hospitals, saying they should do "a better job of identifying patients eligible for charity care on the front end of the process." This is basically an accounting dispute, because, as the report notes, however you account for it, the care was still given, and the patient did not pay for it. Unlike businesses, hospitals do not ascertain whether a patient can pay before providing their services. They go to great lengths to inform patients of the availability of charity care by telling them verbally, through posted notices, brochures, and through mailed information.

The report acknowledges that hospitals provide benefits to the communities they serve that far exceed the value of their tax exemptions. It acknowledges that the hospitals studied provided community benefits of $2.14 billion, or nearly five times the value of CTBA's inflated estimated tax exemption value. The combination of the hospitals' charity care, Medicaid shortfall, and half of bad debt at cost is $600 million, whereas the report estimates the hospitals' tax-exemption value at only $445 million. "Any credible study would take into account the reality of the exemplary work that hospitals do to serve their patients and communities and to merit their tax-exempt status," said Metropolitan Chicago Healthcare Council President Kevin Scanlan.

The method used in the report for estimating property taxes is not the method actually used for hospitals currently on the tax rolls. Furthermore, the report fails to take into account the hospitals' Medicaid shortfall - the substantial difference between what the government pays hospitals and their actual costs for treating low-income and disabled patients. Even the IRS agrees that shortfalls in Medicaid payments should be recognized as a community benefit.

The basic premise of the report - comparing the value of tax exemptions and charity care and concluding t
'/>"/>

SOURCE Illinois Hospital Association
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Consumer Reports Survey Shows High Satisfaction for Physical Therapist Treatment of Back Pain
2. CardioDynamics Reports First Quarter 2009 Results
3. Declines in Foodborne Illness Have Plateaued, Report Says
4. Streamline Health Solutions, Inc. Reports Fourth Quarter Results
5. Hillenbrand Expects to Report Second-Quarter Net Revenue of $170.8 Million and Revises 2009 Guidance
6. Mindray to Report First Quarter 2009 Financial Results on May 11, 2009
7. Universal Capital Management Reports Top Delaware Surgeon to Join Advisory Board
8. New Report Details How to Create a Public Health Insurance Option as Part of Nations Health Reforms
9. BioInformatics, LLC New Report - Capitalizing on New Opportunities for Stem Cell Products
10. In Wake of ICRC Report, Health Professionals Must Be Held Accountable for Torture
11. New Report Defines Challenges for New Entrants in Key Rheumatology Markets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/2/2015)... ... September 02, 2015 , ... Every year at this time, students prepare to ... are prepared to face the academic workload confronting them. They just don’t have the ... since schools don’t teach students how to study. , “Bankers bank. Salesmen sell. Teachers ...
(Date:9/2/2015)... ... September 02, 2015 , ... The 2015 China ... international investment and business conference will be hosted at five star Beijing Kunlun ... full-weekend networking conference will feature leading EB-5 industry professionals and Chinese private equity ...
(Date:9/2/2015)... ... September 02, 2015 , ... A recent survey by Consumer Reports ( http://bit.ly/1h67tL8 ... its negative impact on consumers. It was reported that 33% are paying an average ... much as an extra $100 compared to last year. Among the drugs that saw ...
(Date:9/2/2015)... ... September 02, 2015 , ... Amada Senior Care, premier provider of in-home care ... Johnson County location. Amada franchise partners Mike and Mell Fleming came to ... and spent over 20 years in medical device sales while Mell spent over 30 ...
(Date:9/2/2015)... Chicago, IL (PRWEB) , ... September 02, 2015 ... ... engineer of patented products, announces Hand Free Pocket Cop, a safety invention that ... in the US is worth $31 billion," says Scott Cooper, CEO and Creative ...
Breaking Medicine News(10 mins):Health News:5 Essential Study Tips Every Student Needs for Academic Success but Schools Do Not Teach 2Health News:5 Essential Study Tips Every Student Needs for Academic Success but Schools Do Not Teach 3Health News:The 2015 China Overseas Investment and Entrepreneurship Summit (COIES) Announced 2Health News:Watertree Health President Responds to Consumer Reports Survey on Rising Prescription Drug Prices 2Health News:Amada Senior Care Expands to Greater Kansas City 2Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 2Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 3Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 4Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 5Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 6Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 7
... that polymerase chain reaction (PCR) testing for Borrelia burgdorferi ... may confirm the diagnosis of Lyme arthritis, but is ... patients whose arthritis persists after antibiotic therapy. Findings of ... , a journal of the American College of Rheumatology ...
... DENVER According to a new study conducted by researchers ... pulmonary disease (COPD) an effective workout and one that, ... "Our study showed that COPD patients exercised at ... five minutes of specified Wii Fitexercises, indicating the Wii Fit ...
... , MONDAY, May 16 (HealthDay News) -- A chemical ... may pose a health risk, a new study indicates. ... at levels of the chemical, isocyanic acid, in the ... chemical with conventional measurement techniques, explained the U.S. National ...
... , MONDAY, May 16 (HealthDay News) -- Asthma patients ... flares can suffer worse outcomes, including hospitalization. That,s ... patients in two New York City emergency departments. They ... and their attempts at self-management before they decided to ...
... Randy Dotinga HealthDay Reporter , MONDAY, May 16 (HealthDay ... infested by parasites despite clinical evidence to the contrary. Now, ... in the patient,s head -- is often right on target. ... bugs, worms or germs had invaded their skin. In all but ...
... an explanation of how stroke patients can achieve better recovery. ... has proved to benefit recovery during the later phases of ... a hormone that is found in the blood and contributes ... of this hormone are higher in people who exercise regularly ...
Cached Medicine News:Health News:Deer tick bacteria DNA in joint fluid not reliable marker of active lyme arthritis 2Health News:Deer tick bacteria DNA in joint fluid not reliable marker of active lyme arthritis 3Health News:COPD patients may breathe easier, thanks to the Wii 2Health News:COPD patients may breathe easier, thanks to the Wii 3Health News:Chemical in Smoke May Pose Health Risk 2Health News:Don't Delay Emergency Care When Asthma Flare-Ups Strike 2Health News:For Some, Bugs Crawling on Skin Is a Delusion 2Health News:Hormone improves long-term recovery from stroke 2
(Date:9/2/2015)... 2015 China Nepstar Chain Drugstore Ltd. (NYSE: ... retail drugstore chain in China based on the number ... results for the second quarter ended June 30, 2015. ... 2015: , Revenue increased by 12.9% to RMB775.1 ... second quarter of 2014 , Same store sales ...
(Date:9/1/2015)... Sept. 1, 2015 On August 31, 2015, ... , issued a 123-page order in the first of ... Conserve metal-on-metal hip replacement devices are defective.[1]  ... as to Plaintiff Robyn Christiansen,s claims for defective design, ... flatly rejected Wright Medical,s claim that the Medical Device ...
(Date:9/1/2015)...  AccuTec Blades, Inc. today announced the acquisition of ... announced in May 2015 its intent to discontinue its ... and Obregon, Mexico . Today,s ... Rick Gagliano , the newly-appointed President ... new name, AccuTec Blades, reflects the precision and accuracy ...
Breaking Medicine Technology:China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 2China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 3China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 4China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 5China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 6China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 7China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 8China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 9China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2015 Financial Results 10Pope McGlamry: Omnibus order in Conserve Hips MDL-2329 sets stage for bellwether trial 2Pope McGlamry: Omnibus order in Conserve Hips MDL-2329 sets stage for bellwether trial 3AccuTec Blades, Inc. Announces Acquisition of Industrial Blades Division from Edgewell Personal Care Company 2
... The American Heart Journal today reported results ... candidate, AMR-001 for the treatment of damaged heart muscle ... relationship between cell dose and biologic effect. This is ... dose of a purified and potent autologous (self-donating) stem ...
... Emisphere Technologies, Inc. (OTC Bulletin Board: EMIS ... ) today announced that they have entered into an ... oral formulations of Novo Nordisk,s insulins, which have the ... is the second license agreement between the two companies. ...
Cached Medicine Technology:Amorcyte Stem Cell Therapy Demonstrates Clinically Significant Reperfusion in Severe Heart Attack Patients 2Amorcyte Stem Cell Therapy Demonstrates Clinically Significant Reperfusion in Severe Heart Attack Patients 3Novo Nordisk A/S and Emisphere Technologies, Inc. Announce License Agreement to Develop Oral Formulation of Insulin for Diabetes 2
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
Medicine Products: