RALEIGH, N.C. — State Treasurer Dale Folwell says many North Carolina nonprofit hospitals are falling short in treating the poor for free or reduced rates to validate their tax-exempt status.
Folwell made the comments Wednesday while discussing a report that Johns Hopkins University developed with help from the State Health Plan.
The report found that in a recent year a majority of the state’s largest nonprofit hospital systems failed to generate charity care spending that exceeded 60% of the value of each system’s tax breaks.
An association representing North Carolina hospitals says the report leaves out many other benefits they provide to their communities.