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On March 23, 2005 The City Club of Cleveland hosted a discussion on Payments in Lieu of Taxes (PILOTs) and the contribution hospitals make to the community and economy.
Featured speakers were Bill Ryan, President & Chief Executive Officer of The Center for Health Affairs, & Jim Rokakis, Cuyahoga County Treasurer.
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Quick Facts:
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Last year, Cleveland area hospitals provided $150 million dollars of charity care (uncompensated care) to the community.
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The economic activities of Cleveland area hospitals and their related healthcare facilities generate nearly $254 million annually in state and local tax revenues. |
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