Reuters AlertNet - U.S. lawmakers eye tax exempt hospitals

Reuters AlertNet - U.S. lawmakers eye tax exempt hospitals: "U.S. lawmakers eye tax exempt hospitals
26 May 2005 23:07:53 GMT

Source: Reuters

WASHINGTON, May 26 (Reuters) - Congress' top tax writer questioned on Thursday whether not-for-profit hospitals are giving taxpayers enough bang for the buck to justify their tax-exempt status and billions of dollars in tax subsidies.
Bill Thomas, chairman of the House of Representatives Ways and Means Committee, said it is hard for a patient to tell the difference between a nonprofit hospital and a for-profit facility since both provide about the same amount of uncompensated, or unpaid-for care."