The Tax-Exempt Hospital Sector
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The Tax-Exempt Hospital Sector Hearing Before the Committee on Ways and Means, U.S. House of Representatives, One Hundred Ninth Congress, First Sessi by

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Published by Not Avail .
Written in English

Book details:

The Physical Object
Number of Pages156
ID Numbers
Open LibraryOL10119255M
ISBN 100160762162
ISBN 109780160762161

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impact the existing tax exempt hospital sector because of the hospitals’ varying practices and financial capabilities. Put another way, any revised standard would affect the different types and sizes of hospitals depending upon the types of activities required to be taken .   State regulators yanked some exemptions for Provena Health and some other providers several years ago. The hospital lobby there responded with an utterly troubling law that not only made non-profits tax-exempt until the end of time, but contained loopholes that even allowed for-profit. Hospitals that qualify as a tax-exempt organization under § (c)(3) are automatically classified as public charities, and not private foundations. 7 Prior to , hospitals were eligible for § (c)(3) status by demonstrating charity care. House GOP tax plan eliminates tax-exempt bonds that finance hospitals. House Republicans recently unveiled a tax reform plan that calls for the elimination of private activity bond issuance, which is likely to significantly impact the entire nonprofit hospital sector.

The hospital argued that because those fees were generated and retained by the for-profit physicians, the hospital did not profit from the physicians’ use of hospital property. The court stated that the issue is not just “the profitability of the tax-exempt entity that owns the property” (slip op. at 51) but also the doctors’ for-profit activities conducted on the property. Accordingly, most hospitals now operate as tax-exempt entities and in return provide free or low cost care. The removal of market pricing from health care has led to the same sort of problems we might expect if shoes were provided free of charge: over-consumption, . In addition to the general requirements for tax exemption under Section (c)(3) and Revenue Ruling , hospital organizations must meet the requirements imposed by Section (r) on a facility-by-facility basis in order to be treated as an organization described in Section (c)(3). Sector General is a series of twelve science fiction novels and various short stories by the Northern Irish author James series derives its name from the setting of the majority of the books, the Sector 12 General Hospital, a huge hospital space station located in deep space, designed to treat a wide variety of life forms with a wide range of ailments and life-support requirements.

Maybe nonprofit hospitals are providing enough charity care to justify their tax exemptions. Then again, maybe they aren't. It’s a question that merits informed debate. And we don’t have the Author: Joe Cahill. Demographics of the Hospital Sector. Let’s start with something pretty basic. The tax-exempt hospital sector is large and important, and changing too rapidly to ignore. The American Hospital Association reports that there are more than 5, hospitals throughout the country. Of these, more than 2, are non-governmental not-for profit hospitals. Professor Younis has written a brilliant book about the hospital sector. He explains in a highly intelligent manner why many hospitals convert from non-profit to for-profit and forgo their tax-exempt status, but others do not. His analysis of the hospital sector a wide array of issues, including financial solvency, mergers, and effective operations.5/5. Tax-exempt hospitals (each a “hospital” and, collectively, “hospitals”), and their affiliated tax-exempt faculty or physician practices if applicable, may face concern about retaining their ta.