2010

Affordable Care Act: Provision reining in of nonprofit hospitals: One provision, which elicited fierce hospital protests, began requiring IRS to collect each hospital’s quantitative enumeration of charitable activities and their value  Schedule H (Form 990), where hospitals now list how much money-losing care they dispensed, and how they calculated that number. They must also list and value activities to better their communities. “Recent research shows that many are providing nowhere near the amount of charity care and community benefit that would justify the value of their tax exemption” (Rosenthal, 50).