Good news bad news. Rochester General Hospital, NewYork-Presbyterian Hospital in Manhattan and St. John’s Episcopal Hospital in Queens — ranked among the highest nationally in terms of having a fair share surplus, meaning their spending on charity care and community investment was greater than the value of their tax exemption.
Strong and Highland did not. Read the article to read the caveats.
When a hospital pays its fair share that means that the hospital spends enough on charity care and community investments to justify receiving tax exemptions?
So the good news is Rochester General is, and the bad news is Strong is not according to this report.
Click this link to read the article from the Democrat and Chronicle.