IRS audits spotlight hospital community benefit spending

Research from the Lown Institute, for example, shows that these hospitals took in $26 billion more in tax breaks than they gave back in meaningful community ...

IRS Audits Reveal Gaps in Hospital Community Benefit Spending

IRS audits show hospitals are failing to meet community benefit spending requirements, impacting medical debt relief.

Lown Institute on LinkedIn: IRS audits spotlight hospital community ...

Following interest from policymakers on hospital community benefit spending, the IRS announced it will audit 35 hospitals with a focus on ...

community benefit Archives - Lown Institute

IRS audits spotlight hospital community benefit spending. Following interest ... community benefit spending, the IRS announced it will audit 35 hospitals with a…

Lown Institute on X: "Following interest from policymakers on ...

... audit 35 hospitals with a focus on community benefit ... Here's what you need to know. IRS audits spotlight hospital community benefit spending - ...

Brian Jackson, MD, MS on LinkedIn: IRS audits spotlight hospital ...

Ideally, it wouldn't be IRS staffers deciding whether a hospital has provided enough community benefit to justify a tax exemption. It ought to be the ...

Community Benefit Spending 101

Tax-exempt hospitals are required to provide a community benefit. This obligation dates back to the 1950s and is an IRS compliance issue.

Experts Offer Advice to Charitable Hospitals as IRS Steps Up Audits

Background. To qualify as a tax-exempt charitable hospital, hospitals must meet the “community benefit” standard under Code Sec. 501(c)(3 ...

Senators Spotlight Community Benefit in Tax-Exempt Hospitals - PYA

In their correspondence to the TIGTA, the senators urge the office to “evaluate compliance with the tax-exempt requirements in its 2024 audit ...

Lown Institute Releases 2024 'Fair Share Spending' Report

Community Benefit Spotlight: Lown Institute Releases 2024 'Fair Share Spending' Report ... (IRS) considers community benefit to a roughly ...

IRS Audits & Ongoing Scrutiny of Nonprofit Hospitals

The IRS is underway with conducting audits of 35 Section 501(c)(3) tax-exempt hospitals, with a particular focus on “community benefit,” as the IRS announced ...

IRS Audits & Ongoing Scrutiny of Nonprofit Hospitals - JD Supra

The IRS is underway with conducting audits of 35 §501(c)(3) hospitals, which it announced in June 2024, with a particular focus on “community benefit.”

Lown Institute - Hear from Lown's own Senior Policy... | Facebook

... IRS announced it will audit 35 hospitals with a focus on community benefit ... IRS audits spotlight hospital community benefit spending - Lown Institute.

Congress puts the community benefit standard for nonprofit ...

The criteria that establish hospitals' tax-exempt status are coming under closer scrutiny, with a bipartisan quartet of senators asking the IRS to ramp up its ...

States Consider Redefining Charity as Tax-Exempt Hospitals Thrive

... hospitals that got tax breaks in 2016 despite reporting no spending on community benefits. ... audit found nonprofit hospitals' reporting ...

National Health Expenditure Data - Historical - CMS

Dating back to 1960, the NHEA measures annual US expenditures for health care goods and services, public health activities, government administration.

Hospital Community Benefits | NCHH

Nonprofit hospital organizations are required by federal tax law to spend some of their surplus on “community benefits,” which are goods and services that ...

Lown Institute - TODAY at 1pm! | Facebook

IRS audits spotlight hospital community benefit spending - Lown Institute. Following interest from policymakers on hospital co... 󰤥 · 󰤦 · 󰤧. Related Pages ...

Review of Hamilton County, Ohio, Indigent Care Levy: Hospital ...

Financial assistance does not include bad debt. • Government-sponsored means-tested health care: Community benefit includes unpaid costs of public programs ...

Out in the open. Not-for-profit hospitals' charity spending revealed ...

Assessing the adequacy of the community benefits that not-for-profit hospitals provide in exchange for tax exemption remains a challenge. While recent changes ...