Illinois hospitals and state officials have until Thursday, March 1, to reach an agreement on how to calculate how much charity care non-profit hospitals must provide in order to maintain tax-exempt status, but it appears the groups will not make this deadline imposed by Gov. Pat Quinn, according to a Chicago Tribune report.
Although negotiations have been "productive" and "progressing," the Illinois Hospital Association indicated it was "99 percent sure" a deal would not be reached by Thursday, according to the report.
In August, the Illinois Department of Revenue denied the property tax-exempt status of three Illinois non-profit hospitals — Northwestern Memorial's Prentice Women's Hospital in Chicago, Edward Hospital in Naperville and Decatur (Ill.) Memorial Hospital — due to low percentages of charity care as a percent of their net patient revenues.
The IDR's decision also came amidst a 2010 Illinois Supreme Court ruling that said the state was justified in removing Urbana, Ill.-based Provena Covenant Medical Center's property tax exemption in 2004 because the hospital's charity care was too low.
Although an agreement is not likely by March 1, the IHA, the IDR and all other involved parties plan to keep negotiating to iron out a deal, according to the report.
Although negotiations have been "productive" and "progressing," the Illinois Hospital Association indicated it was "99 percent sure" a deal would not be reached by Thursday, according to the report.
In August, the Illinois Department of Revenue denied the property tax-exempt status of three Illinois non-profit hospitals — Northwestern Memorial's Prentice Women's Hospital in Chicago, Edward Hospital in Naperville and Decatur (Ill.) Memorial Hospital — due to low percentages of charity care as a percent of their net patient revenues.
The IDR's decision also came amidst a 2010 Illinois Supreme Court ruling that said the state was justified in removing Urbana, Ill.-based Provena Covenant Medical Center's property tax exemption in 2004 because the hospital's charity care was too low.
Although an agreement is not likely by March 1, the IHA, the IDR and all other involved parties plan to keep negotiating to iron out a deal, according to the report.
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