Cleveland Clinic invested $1.4 billion in community benefit for its operations in Ohio, Florida and Nevada in 2021, up from $1.3 billion the previous year, Becker’s reports. Nonprofit hospitals are required to provide a health benefit to the communities they serve to to maintain their tax-exempt status with the Internal Revenue Service.
Cleveland Clinic said it aims to create healthier communities in the areas it serves through operating as a leader in public health and high-quality patient care; hiring by developing the local workforce and forging meaningful connections with youth; and investing through community benefit and philanthropic partnerships. Read more.
