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TAX-EXEMPT HOSPITALS PROVIDED $95 BILLION IN TOTAL BENEFITS TO THEIR COMMUNITIES, FAR EXCEEDING THE VALUE OF THEIR FEDERAL TAX EXEMPTION: NEW ANALYSIS
American Hospital Association
New analysis prepared by Ernst & Young LLP (EY) and released today by the American Hospital Association (AHA) shows that tax-exempt hospitals provided $95 billion in total benefits to their communities in 2016 alone, the most recent year for which comprehensive data is available. This means that hospitals’ and health systems’ community benefit activity outweighs the value of their federal tax exemption – which was $9 billion in 2016 – by a factor of nearly 11 to one.