Greedy Trial Lawyer
Is A Not-For-Profit Hospital Doing Good Or Doing Well?
Category: Gaming The System
You say Not-For-Profit; I say Not-So-Fast. Truth-In-Labeling laws should be applied to America's hospitals. Claiming to be Not-For-Profit provides significant tax-exempt status for hospitals and other entities. Are some of these hospitals achieving a tax savings they do not deserve? Stay tuned for the hearings before the Senate Finance Committee.
Some not-for-profit hospitals routinely overcharge or deny care to low-income, uninsured patients, according to a Senate Finance Committee investigation commissioned by committee Chair Chuck Grassley (R-Iowa), the Washington Post reports. For the report, investigators during a 15-month period reviewed the charitable activities and billing practices of 10 not-for-profit hospitals across the nation (Day, Washington Post, 9/13).The report finds that some hospitals have been taking advantage of IRS laws regarding tax-exempt status by offering some no-cost services but often providing little aid to the lowest-income residents in their communities. In some cases, not-for-profits fail to inform patients that such aid is available. In addition, some high-ranking hospital officials receive perks such as paid country club memberships and stays at expensive hotels, according to the investigation. The report also finds some for-profit hospitals provide "as much if not more charity care" than some not-for-profit hospitals, Grassley said.
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