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Estimates of the Value of Federal Tax Exemptions and Community Benefits Provided by U.S. Nonprofit Hospitals, 2022
EY was commissioned by the American Hospital Association to analyze the federal revenue forgone due to the tax exemptions of U.S. nonprofit hospitals relative to the community benefits they provide. This study presents estimates for 2022, the most recent year for which complete comparable community benefit information is available for nonprofit hospitals.
University Health (Kansas City) | Missouri
University Health (Kansas City) | Missouri | Truman Medical Centers | Accessible, state-of-the-art quality health care provided to Kansas City community without insurance discrimination.
Henry Ford Hospital | Michigan
Henry Ford Hospital in Detroit, Michigan, is committed to serving the diverse population of the city and metro area. Discover our exceptional performance in cardiology, neurology, orthopedics, transplant procedures, and cancer care.
UCHealth: Advancing Health Patient by Patient
This success story is among countless examples of lives made better by UCHealth, a not-for-profit health care system headquartered in Aurora, Colo. with hospitals and facilities throughout Colorado and affiliated hospitals in Wyoming and Nebraska.
Nonprofit Hospital Community Benefits: Addressing Each Community's Unique Needs
This report specifically examines the benefits provided to communities by nonprofit hospitals and systems and reported to the IRS in Form 990 Schedule H.
Estimates of the value of federal tax exemption and community benefits provided by nonprofit hospitals, 2020
In 2020, the estimated tax revenue forgone due to the tax-exempt status of nonprofit hospitals is $13.2 billion. In comparison, the benefit tax-exempt hospitals provided to their communities, as reported on the Form 990 Schedule H, is estimated to be $129 billion, almost 10 times greater than the value of tax revenue forgone.
3 Keys to CVS Health’s Growth Strategy
CVS Health’s strategic priorities are in care coordination and chronic-disease management, health IT and home health especially bear watching as the nation’s health system continues to transform.