HFMA recently sent a letter to Sen. Max Baucus (D-Mont.) and Sen. Chuck Grassley (R-Iowa), leaders of the Senate Committee on Finance, regarding the importance of maintaining the tax exemption for not-for-profit hospitals. The letter urged the Senate Finance Committee to consider this issue in the same cautious and deliberative manner as other aspects of healthcare reform. Examples of the many community and societal benefits provided by hospitals are highlighted in HFMA’s letter, which also describes the potential impact of revoking or limiting hospitals’ tax-exempt status on the well-being of their communities.
