STAT+: Some nonprofit hospitals spend less on charity care than they receive in tax breaks, new analysis shows
STAT
MARCH 26, 2024
A new study of hospitals’ charity care spending suggests nonprofit hospitals really aren’t that different from their for-profit counterparts. One major benefit of being a nonprofit hospital is receiving tax exemptions on property taxes, income taxes, and sales taxes. Experts told STAT that implies a “social contract” with taxpayers, where these hospitals will help take care of the most vulnerable.
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