MACDC Publishes New Guide to Reading a Hospital's Community Benefits Report
MACDC recently published a Guide To Reading A Hospital’s Community Benefits Report. This Guide is a tool for CDCs, CDFIs, and other community-based organizations to better understand their local hospital’s commitments to community health and to foster more collaboration between hospitals and community-based organizations.
Nonprofit hospitals are obligated by the Internal Revenue Service (IRS) to devote a portion of their budget towards what is termed, “Community Benefits.” The Massachusetts Attorney General’s Office (AGO) oversees Massachusetts hospital expenditures through reports that are submitted annually and made available to the public. In Fiscal Year 2019, Massachusetts hospitals collectively spent over $753 million on Community Benefits. These expenditures represented an average of 2.7% of hospitals’ net patient services revenue.
Several Massachusetts CDCs have benefited from relationships with their local hospitals, and MACDC seeks to foster more collaboration. There are many opportunities for CDCs, CDFIs and CBOs to connect with their local hospital, including:
- Participating in a Community Health Needs Assessment
- Serving on a Community Benefits Advisory Board
- Receiving hospital support for your programming
All these opportunities begin with better understanding of your local hospital's priorities and interests. By working the Guide To Reading A Hospital’s Community Benefits Report you can better understand your local hospital’s commitments to community health as articulated in their Massachusetts Community Benefits report.
Please reach out to MACDC’s Program Director for Health Equity, Elana Brochin, if you’d like to work through this guide together or if you’d like a thought partner in considering how to initiate or strengthen a partnership with your local hospital.