American #hospitals are required to report to the federal government their community benefit activities in exchange for their tax-exempt status.
Last week, Fierce Healthcare published an American Hospital Association analysis stating that tax-exempt hospitals provided $105 billion in community benefits that range from financial assistance to erasing #medicaldebt in 2018.
“The most common #communitybenefit was #financialassistance, which made up 10.3% of their expenses.”
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#tax #exemption #americanhospitalassociation #aha #501r #340b #charitycare #hospital #publichealth #health #affordablecareact
