Officials with the American Hospital Association have urged the Internal Revenue Service to update rules surrounding tax-exempt bonds when it comes to healthcare reform provisions, according to an AHA News Now report.
Under the Patient Protection and Affordable Care Act, hospitals and health systems are incented to move toward new healthcare measures, such as accountable care organizations and bundled payment systems.
However, providers that issue tax-exempt bonds have very strict limitations as to what the money can actually go toward. AHA representatives said the IRS should issue guidance to update tax-exempt bonds so that hospitals and other providers can use those funds to go toward healthcare reform implementation without violating any rules.
Under the Patient Protection and Affordable Care Act, hospitals and health systems are incented to move toward new healthcare measures, such as accountable care organizations and bundled payment systems.
However, providers that issue tax-exempt bonds have very strict limitations as to what the money can actually go toward. AHA representatives said the IRS should issue guidance to update tax-exempt bonds so that hospitals and other providers can use those funds to go toward healthcare reform implementation without violating any rules.
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