Nonprofit Hospitals’ Tax-Exempt Status Worth Nearly $28 Billion, New KFF Analysis Finds

The tax-exempt status of the nation’s nonprofit hospitals collectively was worth nearly $28 billion in 2020, a new KFF analysis of hospital financial data estimates. The total reflects the estimated federal, state and local taxes that nonprofit hospitals do not have to pay. It also includes estimated increases in charitable contributions and decreases in bond…More

Read the full post at Reports on Health Insurance and Health Care Costs from the Kaiser Family Foundation