Nonprofit healthcare organizations could start seeing their tax-exempt status challenged due to questions about executive compensation if recent legal developments in Pennsylvania and New Jersey are indications. The latest case involves a nonprofit healthcare corporation in Pennsylvania, where a state appeals court rejected the property tax exemption sought for four suburban Philadelphia hospitals whose executive pay and bonuses the court found to be excessive. The…

Nonprofits that provide mental health services have a powerful new supporting data source for their fundraising- and mission-related activities. Pandemic-era research shows an increase in demand for telephonic mental-health services and substance abuse issues throughout the United States. Telephone-based health services boomed during the coronavirus pandemic, with both the volume of calls and the nature of complaints presenting differently during the past two-plus years. Mental…

New Jersey nonprofits RWJBarnabas Health and Saint Peter’s Healthcare System have called off merger plans, three weeks after the Federal Trade Commission (FTC) sued to block the deal by alleging anti-competition violations it argued would have meant higher prices and lower quality of care for consumers. On the same legal contention, the FTC had an active federal lawsuit to stop a proposed merger between Utah…

The community benefit of nonprofit hospitals during 2019 was $98.5 billion more than the $12.4 billion in revenue forgone because of the organizations’ tax exemption. The benefit tax-exempt hospitals provided to their communities, as reported on the Form 990 Schedule H, is estimated to be $110.9 billion, almost nine times greater than the value of tax revenue forgone. Those estimates are part of the study…

By Richard H. Levey The nonprofit Civica Rx, Lehi, Utah, announced it will manufacture and distribute insulin at a price well below current market levels. Civica is a nonprofit with the mission of making injectables available in adequate supply and at an affordable price to all, with a special focus on high-needs populations. Rollout of the effort is contingent, in part, on successful completion of…

A marriage of behavioral health nonprofits in California will create an organization with twice the revenue of either individual organization. The combined Pacific Clinics, Arcadia, Calif., and Campbell, Calif.-based Uplift Family Services will operate under the name Pacific Clinics.  During the year ending June 30, 2020, Pacific Clinics reported $109.2 million in total revenue and $8.1 million in net assets, and Uplift Family Services had…

FamilyWize, a prescription medications savings program available to those involved with the American Heart Association, Mental Health America, more than 800 local United Ways, United Way Worldwide and other organizations, has combined with its sibling brand, SingleCare. The resulting brand, SingleCare, will offer an expanded roster of discounts and locations. The prescription discount card program offers a variety of benefits, including: discounts of up to…

Research into therapies and vaccines related to the COVID-19 pandemic made up the overwhelming bulk of grants and collaborations with biopharma nonprofits, according to biotechnology news site BioWorld.com. According to BioWorld’s analysis, during 2020 roughly 91% of funds for biopharma collaborations that included nonprofits, and 75% of grant money awarded, was earmarked for vaccine research or therapies to mitigate the effect of the coronavirus. BioWorld…

A greater number of public entities received finance ratings downgrades than upgrades for the first time since 2013, according to New York City-based credit rating agency Fitch Ratings. Nonprofit hospitals, which have experienced upheavals in the operations amid the coronavirus epidemic, have an uncertain future as the crisis lingers. Overall, Fitch Ratings issued 100 upgrades and 181 downgrades across several sectors, compared with 173 upgrades…

The Leukemia & Lymphoma Society (LLS), Rye Brook, N.Y., has inked deals with cancer institutions, foundations and philanthropists to fund roughly $9 million in new research grants in 2020, with up to $8 million more in funding anticipated for early 2021. The funds will underwrite research in improved treatments and potential cures for those with leukemia, lymphoma, myeloma and a variety of blood cancers. The…

By the end of the classic Dr. Seuss tale, “How The Grinch Stole Christmas!,” the Grinch’s heart triples in size. But what happens after that? The Human Services Council of New York (HSC) put its spin on a sequel of sorts, with a 12-minute video as part of its annual Changemakers benefit on Wednesday. Michelle Jackson, executive director of the Human Services Council of New…