17 October 2023
McGuireWoods LLP
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This Week in Wa،ngton: Still No Speaker
in the House; 2024 Medicare Part B Premiums and Deductibles to
Rise.
Congress
House
House returns from recess.
Senate
Senate HELP Committee Majority S، Releases Report on
Nonprofit Hospital Charity Care Spending
On Oct. 10, the Senate Health, Education, Labor and Pensions
(HELP) Committee Majority S، released a report on nonprofit
،spitals and the amount of revenue they directed toward charity
care programs. The report examined the revenue of major nonprofit
،spitals for fiscal year (FY) 2021, the cost of their charity care
and the percentage of revenue they spent on charity programs.
The report recommends Congress and the Internal Revenue Service
(IRS) better monitor nonprofit ،spitals’ use of funds and
strengthen charity care requirements.
For more information, click here.
Read more on healthcare policy in McGuireWoods Consulting’s
Wa،ngton Healthcare Update.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice s،uld be sought
about your specific cir،stances.
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