The state’s 23 nonprofit hospitals reported spending more than $2 billion on community benefits in fiscal year 2023, a 14.6% increase over the previous year. That’s according to an annual report ...
In 2021, the estimated total tax benefit received by U.S. nonprofit hospitals was $37.4 billion and was concentrated among a small number of hospitals, according to a study in JAMA. In this video ...
Hospitals with non-profit status receive major financial benefits from the federal and state governments, including relief from income, sales and property taxes. In return, they must provide what’s ...
Recent unscrupulous behavior by some nonprofit hospitals has cast doubt on whether the benefits they provide justify the tax exemption they receive. The nonprofit chain Providence was found guilty of ...
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