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U.S. hospitals: tax break scrutiny; medicare payments for drug discount program

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U.S. hospitals: tax break scrutiny; medicare payments for drug discount program

Mon, 2023-07-10 09:52 — mike kraft

Nonprofit hospitals under growing scrutiny over how they justify billions in tax breaks | CNN There’s growing scrutiny of how much the nation’s nonprofit hospitals spend — and on what — to justify billions in state and federal tax breaks. In exchange for these savings, hospitals are supposed to provide community benefits, like care for those who can’t afford it and free health screenings. CNN

Medicare wants to send $9 billion to 340B hospitals — coupled with cuts Medicare is planning to send $9 billion in lump sum payments to more than 1,600 hospitals that participate in a drug discount program. Rachel Cohrs STAT

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