Politico September 27, 2024
FOLLOW THE MONEY
Nearly 3,000 hospitals received more than $37 billion in tax benefits in 2021 because of their nonprofit status, researchers from Texas Christian University and Johns Hopkins Bloomberg School of Public Health found in a new analysis published in JAMA.
Some politicians have questioned whether the public is getting enough bang for its buck.
More than half of the benefits come from state and local taxes, largely through breaks on sales, property and income levies, the researchers found — leading to meaningful differences depending on the location of a health system.
Seven percent of the hospitals in the study accounted for half of the money.
Researchers suggested that, because the tax breaks are mostly not federal, state and...
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