News Headlines Article

Should Calif. Set Charity Minimum for Not-for-Profit Hospitals?
California Healthline

The California Legislature is considering a proposal to establish a minimum amount of charity care that private hospitals must provide to earn not-for-profit status and the tax benefits that go with it. AB 975 — by Assembly members Rob Bonta (D-Oakland) and Bob Wieckowski (D-Fremont) — would more tightly define charitable care and stipulate that private not-for-profit hospitals may not have operating revenue exceeding 10% of operating expenses, which includes charity care, community benefits and all other normal business expenses.