Nonprofit hospitals reaped almost $28 billion in tax exemptions from federal, state and local sources in 2020 while providing about $16 billion in charity care, according to a new Kaiser Family Foundation brief.
Why it matters: Federal law requires nonprofits to offer charity care in exchange for their tax-exempt status. But the sector has drawn fire for offering less uncompensated care relative to earnings, as well as for aggressive bill collection practices.
