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Results: 1-10 of 11

Hospital associations request withdrawal of Schedule H

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 26 2011

On April 6, 2011, the Exempt Organizations Committee of the D.C. Bar hosted a panel discussion on the recently released revised Schedule H of IRS Form 990

Additional requests for guidance from IRS on accountable care organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • June 15 2011

More hospital systems are requesting additional guidance from the IRS on the creation of Accountable Care Organizations (ACOs) and qualification for tax exemption under 501(c)(3) for participation in the Medicare Shared Savings Program (MSSP

IRS issues guidance on tax-exempt hospitals to meet CHNA requirements

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 12 2011

IRS releases Notice 2011-52 on requirements to meet the community health needs assessment (CHNA) required by the Patient Protection and Affordable Care Act (P.L. 111-148

More guidance on accountable care organizations needed from IRS

  • McGuireWoods LLP
  • -
  • USA
  • -
  • June 6 2011

In a letter dated May 31, to Sarah Hall Ingram, Commissioner for Tax Exempt and Government Entities - the American Hospital Association (AHA) asked the IRS to make it clear that participating in an accountable care organization (ACO) will not result in impermissible inurement or private benefit to tax-exempt nonprofit hospitals and will not generate unrelated business income tax (UBIT) if the entity involved is in compliance with the Centers for Medicare and Medicaid Services' (CMS) eligibility rules for participation in the Medicare Shared Savings Program (MSSP

IRS provides more guidance on health insurance cooperatives

  • McGuireWoods LLP
  • -
  • USA
  • -
  • February 10 2012

The IRS issued temporary rules on the recognition of healthcare cooperatives under Section 501(c)(29) of the IRC

IRS draft Schedule H for 2011 Form 990

  • McGuireWoods LLP
  • -
  • USA
  • -
  • December 23 2011

Tax-exempt hospitals will be required in 2011 to respond to questions on financial assistance policies, billing and collection practices, emergency medical care and individuals eligible for financial assistance

Applications to operate state-based health insurance exchanges increase

  • McGuireWoods LLP
  • -
  • USA
  • -
  • December 21 2012

Health and Human Services (HHS) Secretary Kathleen Sibelius on Dec. 17 announced that 10 states have filed applications to create state-based insurance exchanges (SBEs

IRS hearing on charitable hospitals’ billing and collection practices (Reg. 130266-11)

  • McGuireWoods LLP
  • -
  • USA
  • -
  • December 19 2012

Under Section 501(r) of the Internal Revenue Code, the proposed rules issued in June 2012 require exempt hospitals to implement a financial assistance policy

IRS issues community health needs assessment proposal for charitable hospitals

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 9 2013

On April 3, 2013, the Internal Revenue Service (IRS) announced a proposed rule pursuant to 501(r) of the Internal Revenue Code (Code), which

IRS releases 2011 Form 990 for exempt organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • January 25 2012

On Jan. 21, 2012, the IRS released the 2011 Form 990 for exempt organizations, as well as most of the accompanying schedules