Strategies for accurate community benefit reporting
Hearle, K.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 63(2): 56-61
2009
ISSN/ISBN: 0735-0732 PMID: 19230496 Document Number: 630552
Steps a hospital can take to ensure it receives full credit for the community benefit it provides include: Ensuring that community benefit spending is reported as expense on the books of the organization that operates the hospital; Verifying that the ratio of net community benefit expense divided by total expense accurately depicts the organization's charitable activities; Reviewing all contracts and arrangements between the hospital and other entities to assess whether documentation supports that community benefit is being provided; Ensuring that "what counts" criteria are met.