Fast Fact: Hospital Community Benefit Dollars Can Benefit Community Development
Fact
Non-profit hospitals receive financial benefit from their tax-exempt status—valued at $24.6 billion in 2011. In light of recent changes outlined in the Affordable Care Act (ACA) there is a renewed effort to refocus a larger percent of these funds towards community benefit activities, rather than the estimated 85 percent that is directed towards charity care—care that is provided to those unable to afford it.
