Healthcare Finance News November 14, 2024
Government should enact penalties or revoke a tax-exempt status for hospitals that don’t comply, AMA says.
The American Medical Association has voted to support greater oversight of nonprofit hospitals’ charity care policies that justify their tax-exempt status.
The AMA wants a standardization of the financial assistance process as current criteria varies across hospitals, making the benefit inaccessible to some patients who are eligible.
This would help ensure financial assistance reaches patients in need, the AMA said.
The newly adopted policy directs the AMA to advocate for the development of publicly accessible minimum eligibility standards for nonprofit hospital financial assistance programs, required screening of patients for charity care eligibility prior to billing and standardizing the definition of what is considered a...
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