Maryland HB1136 mandates nonprofit hospitals to provide community benefits and report on them, with potential tax-exempt status revocation for.

Maryland HB1136 requires nonprofit hospitals to provide community benefits equal to at least 4% of their net patient revenue or 100% of their tax-exempt benefits. Hospitals must submit annual reports detailing these benefits to the Maryland Health Care Commission. The Commission will review these reports and report to the Attorney General and the Comptroller on hospital compliance. If a hospital fails to comply, the Comptroller can revoke its tax-exempt status. The bill also establishes a Community Benefit Reporting Workgroup to recommend reporting standards and formats.

Maryland HB1136 mandates nonprofit hospitals to provide community benefits and report on them, with potential tax-exempt status revocation for.

Maryland HB1136 requires nonprofit hospitals to provide community benefits equal to at least 4% of their net patient revenue or 100% of their tax-exempt benefits. Hospitals must submit annual reports detailing these benefits to the Maryland Health Care Commission. The Commission will review these reports and report to the Attorney General and the Comptroller on hospital compliance. If a hospital fails to comply, the Comptroller can revoke its tax-exempt status. The bill also establishes a Community Benefit Reporting Workgroup to recommend reporting standards and formats.