Ask the Experts: Financial Assistance Policies
I need help interpreting the patient refund rule mentioned in the IRS rule 501(r)(4) for financial assistance policies.
Optimizing Capital Structure Decisions Under the New Tax Law
A roundtable discussion about 2017 tax law changes and strategies for optimizing capital structure.
The Tax Cuts and Jobs Act: Takeaways for Healthcare Finance Leaders
The Tax Cuts and Jobs Act is likely to have a unique effect on the healthcare industry.
Tax Reform Implications for Healthcare Organizations
Tax-exempt hospitals prepare for the impact of provisions of the Tax Cuts and Jobs Act (TCJA) of 2017, including the repeal of the individual mandate under the Affordable Care Act and changes to tax incentives for charitable giving.
Hospital’s Tax-Exempt Status Revoked for Lack of Community Health Needs Assessment
The IRS stated that a rural hospital had failed to conduct a proper community health needs assessment and make it widely available to the public. The hospital’s tax-exempt status under section 501(c)(3) was revoked retroactively.
Addressing Challenges Presented by Financial Assistance Rules
Although the vast majority of hospitals have been working to implement IRS regulations for patient financial assistance, healthcare leaders should focus on potential problem areas because compliance with all the requirements is necessary to qualify for tax-exempt status.
Video: Critical Steps Toward 501(r) Compliance
Hospital financial assistance policies should be easily accessible by patients, and staff should be trained to explain the policies and assess patient eligibility.
HFMA Summary of IRS 501(r) Final Rule
This summary outlines the provisions of the IRS final rule providing requirements for charitable hospital organizations added by the Affordable Care Act.
Ask the Expert: Matching Billing to Service Under One Tax ID
We have a variety of business units that bill off different billing systems for unique service lines. How can I get only the funds for each billing area correctly remitted just to that unit?
Ask the Expert: For-Profit or Not-For-Profit?
Should hospitals form a separate corporation to house their physician practices?