"The biggest recipient of federal COVID-19 funding is CommonSpirit Health, formerly Dignity Health until early 2019, located in San Francisco. This hospital alone received $3.6 billion. Its net assets soared from $8.4 billion in 2018 to $21.9 billion by the end of 2021, and its CEO compensation also soared to $17.4 million by the end of that year.
Despite these massive taxpayer-funded investments into these nonprofit hospitals, the overall health of Americans actually declined.
“American life expectancy during this period sharply declined by a staggering 2.5 years … while ‘comparable country averages’ rebounded from a COVID-related drop in 2021, the United States continued declining in life expectancy,”
In exchange for being exempted from paying most federal, state and local taxes, nonprofit hospitals are supposed to provide the communities they serve free or discounted healthcare and medical outreach programs like substance abuse treatment programs and programs to support affordable housing and access to healthy foods."
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