February 26, 2009
IRS Study Shows How Much Hospitals Spend to Aid Their Communities
Officials of the Internal Revenue Service say the agency's new report on nonprofit hospitals could help policy makers who are considering changes in the federal requirements that determine whether those institutions do enough for society to justify their tax subsidies.
The IRS study looked at how nearly 500 nonprofit hospitals are following the current — and controversial — "community benefit" standard, which the revenue service uses to determine a hospital's
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