State Treasurer Dale Folwell says many North Carolina nonprofit hospitals are falling short in treating the poor for free or reduced rates to validate their tax-exempt status. Folwell made the comments Wednesday while discussing a report that Johns Hopkins University developed with help from the State Health Plan. The report found that in a recent year a majority of the state’s largest nonprofit hospital systems failed to generate charity care spending that exceeded 60% of the value of each system’s tax breaks. An association representing North Carolina hospitals says the report leaves out many other benefits they provide to their communities.
Report: NC nonprofit hospitals falling short on charity care
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