AHA comments on legislation adding reporting requirements for nonprofit hospitals

House bill would increase tax-exempt hospital reporting requirements

A bill that advanced out of a House committee Wednesday would add significant reporting requirements for tax-exempt hospitals. As passed by the Ways and Means Committee, the Tax-Exempt Hospital Transparency Act includes increased reporting obligations in areas such as community benefit, charity care, the 340B Drug Pricing Program and service-line spending. Requirements would be more stringent for bigger hospitals. “Tax-exempt status is a privile…

AHA comments on legislation adding reporting requirements for nonprofit hospitals

The AHA provided a statement June 30 to the House Ways and Means Committee in advance of a markup July 1 where the committee will consider legislation that would add reporting requirements for hospitals’ Schedule H IRS forms. While the House has been dismissed for the July 4 holiday, the Ways and Means Committee, as of today, is still scheduled to proceed with the hearing on July 1. The AHA said that the Tax-Exempt Hospital Transparency Act (H.R…