Most Popular Stories
- UnitedHealth Group's Stephen Hemsley - CEO Compensation
- Proposed cosmetic surgery tax is wrinkling a few brows
- Senate releases $848 billion health reform bill
- Study: Current EMRs don't have measurable impact on cost or quality
- AMIA 09: CHCF president calls for more 'Kaiserness' to connect information
- Aetna's Ron Williams - CEO Compensation
Featured Jobs
-
Geriatrics/Family Practice Job in Florida
StaffPointe, LLC - south , FL -
Endocrinologist Job in Indiana
StaffPointe, LLC - Indianapolis -
OBGYN Job in Louisiana
StaffPointe, LLC - north, LA -
Hospitalist Job in Indiana
StaffPointe, LLC - east central, IN -
Internal Medicine Job in Virginia
StaffPointe, LLC - near Virginia Beach, VA
Events
- Harvard Business School 7th Healthcare Conference
January 30, 2010 - Security Audits: Is Your Organization Prepared and In Compliance?
Dec.3 at 12 pm CT
Paid Research Reports
- Pricing and Reimbursement in Key Asia Pacific Markets
- Delivery Mechanisms for Large Molecule Drugs: Successes and failures of leading technologies and key drivers for market success
- The Cardiovascular Market Outlook to 2013: Competitive landscape, global market analysis and pipeline analysis
- Intellectual Property and Outsourcing in China: Minimizing risk whilst maximizing return on investment
- Health Care Equipment & Supplies: Global Industry Guide
- 2009 Trends to Watch: Healthcare Technology
FEATURES >> YouTube | Top acute-care hospitals | Women in Health IT | Top BlackBerry Apps | Commentary
TOPICS >> Stimulus | Health Reform | CMS News | Finance | EMRs | Mobile Healthcare | Hospital Leadership Blog
Free Newsletter
FierceHealthcare is the leading source of healthcare management news for healthcare industry executives. Join 46,000+ healthcare industry insiders who get FierceHealthcare via daily email. Sign up today!
Popular Topics
- Medicare
- health plans
- Centers for Medicare and Medicaid Services (CMS)
- Insurance
- Electronic Medical Records (EMRs)
- Food and Drug Administration (FDA)
- Department of Health and Human Services (HHS)
- Medicaid
- American Medical Association (AMA)
- healthcare system
- prescription drugs
- health reform
- pharmaceutical companies
IL hospital loses high-profile tax case
The Illinois Department of Revenue has moved to strip Urbana, IL-based Provena Covenant Medical Center of its tax-exempt status, contending that it neither provides enough charity care nor makes it clear that charity care is available. Provena has been under fire since at least 2003, when a Wall Street Journal piece took the hospital to task for its aggressive debt-collection practices. According to this week's WSJ article, Provena still hasn't cleaned up its act sufficiently. Brian Hamer, director of the Illinois Department of Revenue, ruled that that Provena Covenant still provides far too little charity care to justify a tax exemption. It spent roughly $800,000 of its $113 million in revenues spent on charity care in 2002, or less than 1 percent, an amount Hamer characterized as "seriously insufficient." The hospital, which is owned by Provena Health of Mokena, IL, is appealing the decision. If it loses, it could face new property tax bills of $1 million or more per year.
For more details on the Provena decision:
- read this report on the decision in The Wall Street Journal (sub. req.)
- check out this article on Provena's appeal in TheNewsGazette.com
Related Article
Nonprofit hospitals continue to face IRS scrutiny on whether they're providing enough charity care. Article
Related Stories
- VHA: Charity policy must come from the top
- Wisc. hospitals may offer big uninsured discounts
- Senator wants nonprofit hospital investigation
- Catholic Healthcare uninsureds get 35% refund
- Charity care under fire
- Hospitals re-define charity care
- Provena Covenant takes tax exemption fight to Ill. Supreme Court
- Stimulus bucks may not boost health IT; HFMA offers model charity care policy;
- Doctors getting flexible with payment arrangements
- Hospitals fight federal charity care rules
Comments
Post new comment
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site Map | List in Marketplace | Supplier MarketplaceTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe© 2009 FierceMarkets, Inc. All rights reserved. |
![]() |





