Maryland nonprofit hospitals outpace tax breaks with $625M in annual community investment, report finds

Maryland nonprofit hospitals outpace tax breaks with $625M in annual community investment, report finds

Maryland nonprofit hospitals spend more on their communities than they receive in tax breaks, according to a new report by the Lown Institute, a Boston-based independent health care think tank. The Lown Institute examined the value of hospital tax benefits and community investment for more than 1,800 hospitals across 20 states from 2020 to 2022. Forty-two of the 47 Maryland hospitals studied have a “fair share surplus,” which means they gave bac…