Massachusetts towns take different tacks with hospital
Boston Globe, March 2, 2009
As Newton-Wellesley Hospital prepares to discuss making monetary contributions to Framingham (MA) if it expands into the town, Newton defends its decision not to pursue such payments. The Framingham Planning Board is holding hearings on the hospital's request to build a $17.5 million outpatient treatment and surgical center. Framingham collects about $95,000 in taxes on the 3-acre commercial property. Newton-Wellesley Hospital, a tax-exempt institution with nearly 26 acres of property in Newton, does not make payments in lieu of taxes to the city. However, it pays nearly $531,500 in taxes on a parking garage, doctors' offices, and other taxable property.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- The 5 Biggest Healthcare Finance Trouble Spots
- FDA hopes hospitals will switch to newly regulated pharmacies
- Nonprofit Hospital Outlook 'Negative' in 2014
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- The Most Polarizing Topics in Healthcare IT
- Are ACOs Really Different from HMOs?
- How CPOE Will Make Healthcare Smarter
- Rise of the Chief Strategy Officer
- Google Glass Passes IRB Muster, Assists in Cardiothoracic Surgeries