Tax-exempt Status
An AHA analysis released Sept. 10 highlights how tax-exempt hospitals provided nearly $150 billion in total benefits to their communities in 2022, the most recent year comprehensive data is available from the Internal Revenue Service.
Every single hospital and health system provides benefits to their communities that far outstrip any other sector in health care. Some hospitals are exempt from federal and some state and local taxes. Hospitals more than earn their tax exemption, in part because of the immense benefits they provide…
Infographic Myth vs. Fact: Nonprofit Hospitals’ Tax-Exempt Status
Nonprofit hospitals are exempt from federal and some state and local taxes. Therefore, in addition to providing that 24/7 care, they must meet the Internal Revenue Service (IRS) Community Benefit Standard and publicly and extensively report the range of benefits and services they provide to their…
Your representative sits on the Oversight Subcommittee. Please reach out prior to the hearing to ensure they understand how your hospital or health system benefits your community beyond charity care or financial assistance.
The CMS July 31 issued its hospital inpatient prospective payment system (PPS) and long-term care hospital (LTCH) PPS final rule for fiscal year (FY) 2026.
Tax-exempt hospitals provided nearly $149 billion in total benefits to their communities in 2022 alone (the most recent year for which comprehensive data is available).
New analysis released today by the American Hospital Association (AHA) shows that tax-exempt hospitals provided nearly $150 billion in total benefits to their communities in 2022 alone.
A tax-exempt organization must file an annual information return or notice with the IRS, unless an exception applies. Form 990 is the IRS' primary tool for gathering information about tax-exempt organizations, educating organizations about tax law requirements and promoting compliance.…
Nonprofit hospitals have special obligations to their communities in exchange for being tax-exempt.