Becker's Healthcare September 27, 2024
Two studies released days apart explore nonprofit hospitals’ tax-exempt status; one study focuses on the benefits hospitals receive, the other on the benefits hospitals provide.
In a study published Sept. 26 in JAMA, researchers from Baltimore-based Johns Hopkins University and Fort Worth-based Texas Christian University found that nonprofit hospitals received at least $37.3 billion in tax benefits during 2021. The study questions whether these tax benefits are justified given the practices of nonprofit hospitals, which increasingly resemble for-profit hospitals in areas such as debt collection.
Conversely, an EY report prepared for the American Hospital Association found that tax-exempt hospitals provided $10 in benefits to their communities for every dollar’s worth of federal tax exemption in 2020. Data represents an increase...
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