{"id":4544,"date":"2023-04-12T00:00:00","date_gmt":"2023-04-12T07:00:00","guid":{"rendered":"https:\/\/www.vailhealth.org\/news\/how-new-state-bill-could-impact-vail-health\/"},"modified":"2026-05-05T12:58:23","modified_gmt":"2026-05-05T19:58:23","slug":"how-new-state-bill-could-impact-vail-health","status":"publish","type":"post","link":"https:\/\/www.vailhealth.org\/es\/news\/how-new-state-bill-could-impact-vail-health\/","title":{"rendered":"How new state bill could impact Vail Health"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><em><strong>What community benefit looks like in Eagle County through Vail Health and its partners<\/strong><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Colorado legislators are working on a bill that could create new reporting requirements and rules around how nonprofit hospitals \u2014 of which Vail Health is one \u2014 spend toward and report \u201ccommunity benefit.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWhen we talk about community benefit, most hospitals in the United States operate as nonprofits, and as such are exempt from most federal, state and local taxes. This exemption is intended to be an acknowledgment of the community benefit that\u2019s provided by the nonprofit institutions, in this case, the hospitals,\u201d said Nico Brown, Vail Health\u2019s chief strategy officer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the bill text, these exemptions \u201csave Colorado\u2019s nonprofit hospitals millions of dollars of tax liability each year.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, these community benefit requirements are overseen by the Internal Revenue Service, which doesn\u2019t specify how hospitals need to spend toward \u201ccommunity benefit\u201d but does manage related requirements around how hospitals provide and account for this term.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The term \u201ccommunity benefit\u201d has a broad and ever-changing scope, but generally speaks to programs and activities that respond to community needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.vaildaily.com\/news\/how-a-proposed-bill-could-impact-nonprofit-hospital-spending-reporting-toward-community-benefits\/\" target=\"_blank\" rel=\"noreferrer noopener\">READ THE FULL VAIL DAILY ARTICLE HERE &gt;&nbsp;<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>What community benefit looks like in Eagle County through Vail Health and its partners Colorado legislators are working on a bill that could create new reporting requirements and rules around how nonprofit hospitals \u2014 of which Vail Health is one \u2014 spend toward and report \u201ccommunity benefit.\u201d \u201cWhen we talk about community benefit, most hospitals&#8230;<\/p>","protected":false},"author":1,"featured_media":4545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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