Report: Indiana Nonprofit Hospitals Deliver $3.9B in Total Benefits to their Communities
Date: January 24, 2025 at 4:00:00 AM CST
Report: Indiana Nonprofit Hospitals Deliver $3.9B in Total Benefits to their Communities
Investment in communities exceeds value of tax exemptions by $2.3B
Jan. 24, 2025 (INDIANAPOLIS) — A new report by the international accounting firm EY shows that Indiana’s nonprofit hospitals provided $3.9 billion in total benefits to their communities in 2022 – nearly two and a half times, or $2.3 billion more than the value of their tax exemptions, which totaled $1.6 billion in 2022, the most recent year for which comprehensive data is available.
As part of their charitable missions, Indiana’s nonprofit hospitals provide numerous programs to meet the needs of their patients and communities, including financial assistance, charity care, health screenings, transportation, chronic disease management, nutrition assistance, school-based services, training the next generation of health professionals, and more.
“Indiana hospitals are focused on their mission of not only providing high-quality care to patients, but on serving the needs of their entire communities,” said Scott B. Tittle, president of the Indiana Hospital Association. “This report is a testament to the broad range of services our members provide outside the four walls of the hospital to improve the health of Hoosiers and the communities they serve.”
According to the report, total benefits Indiana’s nonprofit hospitals provided to their communities, including non-traditional community benefits, such as bad debt attributable to financial assistance and Medicare cost shortfalls averaged 15% of their annual expenses. Almost 7% of these expenses, totaling nearly $1.8 billion, was dedicated to providing free or discounted care to underprivileged Hoosier patients.
“As lawmakers consider proposed changes to the nonprofit status of Indiana hospitals, this report demonstrates that these vital services are more than a worthy investment and that hospitals are fulfilling their charitable missions,” said Tittle.
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MEDIA CONTACT
Steve Cooke | Senior Director of Public Relations
scooke@ihaconnect.org | 317.627.9955
ABOUT INDIANA HOSPITAL ASSOCIATION
The Indiana Hospital Association serves as the professional trade association for more than 170 acute care, critical access, behavioral health, and other specialized hospitals in Indiana. IHA advocates on behalf of its members in Indiana’s General Assembly, U.S. Congress, and with multiple regulatory agencies at the state and federal levels. Dedicated to improving quality, patient safety, and Hoosiers’ health status, IHA holds numerous grants and facilitates collaboration among hospitals to improve outcomes. IHA also provides members with the data analytics that they need to ensure access to quality, cost-effective health care services across the state of Indiana. To learn more about IHA, visit IHAconnect.org.
| STEVE COOKE, MA | ||
| Senior Director of Public Relations | ||
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