Publisher's Synopsis
Excerpt from Proposals and Issues Relating to the Tax-Exempt Status of Not-for-Profit Hospitals, Including Descriptions of H. R. 1374 and H. R. 790: Scheduled for a Hearing Before the Committee on Ways and Means on July 10, 1991
Although not-for-profit hospitals generally are recognized as tax-exempt by virtue of being charitable organizations, some also could qualify for exemption as educational organizations because they are organized and operated primarily for medical education and research purposes. This discussion, however, focuses on the most commonly recognized standard under section a charitable purpose.is not conclusive that a hospital is not operated for charitable purposes to the full extent of its financial may furnish services at reduced rates which are below cost, and thereby render charity in that manner. It may also set aside earnings which it uses for improvements and additions to hospital facilities. It must not, however, refuse to accept patients in need of hospital care who cannot pay for such services. Furthermore, if it operates with the expectation of full payment from all those to whom it renders services, it does not dispense charity merely because some of its patients fail to pay for the services rendered.
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