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Tax Exempt Status Is Saving Non-Profit Hospitals About $28 billion Per Year

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Mployer Advisor
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A new study and analysis by the Kaiser Family Foundation highlights the need for additional scrutiny in non-profit healthcare operations. The authors make the case that heightened scrutiny is necessary to ensure that the community benefits provided by such organizations exceed the forgone tax contributions.

The study estimates the exempted taxes amount to about $28 billion annually. The piece then goes on to break down from a financial perspective some of the ways these non-profit hospitals contribute back to the community in order to compare non-profit expenditures vs non-profit tax savings as a check on the net impact created by affording this kind of tax-exempt status.

You can read more about that study and the authors’ conclusions here.

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