Regarding the article Variation seen in community-benefits reporting:
There is nothing for hospitals to fear in the new Government Accountability Office report. It is a valuable summary of the state of current law regarding community benefit definition, measurement and reporting, and is most valuable as a benchmark for hospital community-benefit activities immediately before the new IRS Schedule H is implemented. Hospitals would be wise to recognize, however grudgingly, that the carefully hammered-out Schedule H is likely to fix the key problem identified by GAO: the wide variation in hospital definition of what counts as community benefit and how to measure it. Policymakers, too, should recognize the promise of the new national reporting system and the data it will provide in 4-5 years, and hold for another day any further tinkering with the standards for tax exemption.
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