News Headlines Article

Reductions in Tax Incentives Potentially ‘Devastating’ to U.S. Healthcare
Health Leaders Media

Lingering uncertainty over the sweeping healthcare reforms, federal and state budget cuts for social services, and trimming tax breaks for charitable giving as part of a deficit reduction strategy could severely impact nonprofit healthcare providers, a new survey from the Association for Healthcare Philanthropy shows.

“Combined with growing state and federal cuts in funding for social services and uncertainty over implementation of the Patient Protection Act, these draconian tax proposals—if enacted—add up to a triple threat to America’s not-for-profit healthcare providers,” said AHP President/CEO William C. McGinly.