The Internal Revenue Service has scheduled an Oct. 29 hearing on its June proposed rule implementing certain requirements for tax-exempt hospitals under the Patient Protection and Affordable Care Act, according to an AHA News Now report.
Within the Patient Protection and Affordable Care Act is Section 501(r), which requires non-profit hospitals to implement a financial assistance policy, limit the amounts charged to those eligible for financial assistance and enact other provisions in order to keep their tax exemptions. The American Hospital Association and Premier healthcare alliance recently submitted comments to the IRS requesting that non-profit hospitals have flexibility to meet new tax-exemption requirements.
According to the report, the AHA intends to participate in the hearing and welcomes input from members on critical issues to address at the hearing.
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Within the Patient Protection and Affordable Care Act is Section 501(r), which requires non-profit hospitals to implement a financial assistance policy, limit the amounts charged to those eligible for financial assistance and enact other provisions in order to keep their tax exemptions. The American Hospital Association and Premier healthcare alliance recently submitted comments to the IRS requesting that non-profit hospitals have flexibility to meet new tax-exemption requirements.
According to the report, the AHA intends to participate in the hearing and welcomes input from members on critical issues to address at the hearing.
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