Top
image credit: Adobe Stock

Nonprofit hospitals tax exemptions rose estimated 41% over nearly a decade, KFF finds

March 15, 2023

Category:

Nonprofit hospitals must provide charity care, or free or discounted services to patients unable to afford care, along with other community benefits and investments as part of their tax-exempt status.

However, nonprofits have been criticized for receiving tax breaks worth more than the charity and benefits they provide.

A 2022 report from the Lown Institute analyzing 275 community hospitals found that 227 hospitals spent less on charity care and community investment than the value of their tax exemptions.

Read More on Healthcare Dive