Tax-exempt Status
Several House subcommittees April 26 will hold hearings on a variety of issues that affect hospitals and health systems, including transparency, site-neutral payment policies, tax-exempt status, workforce shortages and the Provider Relief Fund.
Tax-exempt hospitals provided $9 of benefit for every $1 of tax exemption in 2019, the most recent year for which comprehensive data is available, writes AHA President and CEO Rick Pollack.
The international firm EY has looked at how the benefits tax-exempt hospitals provide stack up against their federal tax exemption. Last year’s report showed the spread was 9 to 1 – for every $1 of exemption, reporting hospitals provided $9 of benefit to the community.
The Inflation Reduction Act (H.R.5376) signed into law Aug. 16, 2022, (Public Law 117-169) makes tax incentives available to hospitals, including tax-exempt hospitals, for energy efficient construction and clean energy vehicles.
As trusted sources of health care in the community, America’s hospitals and health systems are committed to providing high quality and safe care to all individuals, as well as delivering a care experience that meets patients’ needs and expectations from scheduling through billing.
The AHA today published a blog post responding to a July 25 Wall Street Journal article examining hospitals’ charity care.
An analysis by Ernst & Young, released today by the AHA, shows that tax-exempt hospitals and health systems provided almost nine times the value of their federal tax exemption in 2019.
WASHINGTON (June 6, 2022) – Regardless of ownership type, size, and location, all hospitals provide a comprehensive range of benefits and essential services to their communities.
The American Hospital Association (AHA) today released the Schedule H tax year 2019 benchmark reports.
Beginning in 2018, the AHA contracted with Guidestar to create a file of all Schedule H forms electronically submitted by hospitals to the IRS for the most recently completed tax year, 2019. Using the Guidestar database, as well as AHA annual survey data, the AHA can now provide benchmark reports…