Tuesday, May 17, 2016
NJ hospitals could be forced to pay millions in taxes to local towns.
Monmouth Medical Center Southern Campus in Lakewood (Kimball Medical Center) is one of the 30 NJ hospitals that may be forced to pay millions in local taxes. Indeed, as many as 30 hospitals could be forced to pay tens of millions in property taxes over the next decade because of tax appeals charging that the facilities have for-profit components That's the count of municipalities that filed tax appeals against not-for-profit hospitals in New Jersey by April 1, the New Jersey Hospital Association said. Read more at Patch.com