Nonprofit Hospitals - Community Benefits

SB 832 requires most nonprofit hospitals in Maryland to provide annual community benefits equal to either 100% of their tax-exempt value or 5% of their net patient revenue (with at least 4% in charity care). Hospitals must file annual reports detailing these benefits to the Health Services Cost Review Commission within 120 days of their fiscal year-end. The Commission then reports annually to the Attorney General and Comptroller by December 1, including compliance status and financial details. If a hospital fails to meet the requirements, the Comptroller may revoke its tax-exempt status for the following year, though hospitals can correct unintentional errors to avoid this. The bill excludes hospitals in counties with populations under 50,000.