Source: KCBS TV San Francisco
The state Senate has convened a panel to consider whether nonprofit hospitals in California provide enough charity care to deserve the tax-exempt status that grants them huge tax breaks and subsidies.
The Senate Select Committee on Charity Care and Nonprofit Hospitals held its first meeting Wednesday, nearly a week after a state audit revealed there are no set requirements for hospitals to demonstrate how much charity care they provide.
Betty Yee, a member of the State Board of Equalization, testified that for several years, her agency has been reviewing how consolidation in the health care industry has changed spending priorities at increasingly larger hospital systems.