Most Popular Stories
- Linda Fischetti, RN - Fierce Women to Watch in Health IT
- UnitedHealth Group (UNH) Q3 Results - Q3 Top Health Insurance Company Earnings Report
- Illinois launches healthcare quality data site
- Proposed cosmetic surgery tax is wrinkling a few brows
- Start-up firm consolidates nurse paging and communications on iPhone
- Retail clinic market should grow through 2014
Featured Jobs
-
Endocrinologist Job in Oregon
StaffPointe, LLC - near Portland, OR -
Noninvasive Cardiology Job in Virginia
StaffPointe, LLC - near Virginia Beach, VA -
Internal Medicine Job in New York
StaffPointe, LLC - near Syracuse, NY -
Endocrinologist Job for Ohio
StaffPointe, LLC - southeast, OH -
Geriatrics/Family Practice Job in Florida
StaffPointe, LLC - south , FL
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
IRS says 'uncompensated care' definition is dicey
Sure, U.S. non-profits say they deliver uncompensated care--and there's no doubt poor and uncompensated patients are getting some form of service. The problem, however, is there's no universally accepted definition for uncompensated care and community benefit reporting, according to a new IRS report.
Trade groups like the Healthcare Financial Management Association have a role, but none have established an all-hands-on-deck standard. So the IRS may issue a new Form 990 (the form used to report a non-profit's financial condition) to address this lack of standards. This could hit the hospital industry like a bomb, as it's inevitable a tighter IRS-defined standard would work against some hospitals by forcing them to reduce their community benefit estimates.
The IRS's plans follow a May 2006 survey, in which the agency checked in with about 500 tax-exempt hospitals to learn how they provide and report community benefits. Ninety-seven percent of hospitals responding to the survey said that they have a written uncompensated-care policy. But the responses trouble the agency, which fretted over a "lack of consistency or uniformity in classifying and reporting uncompensated care."
To learn more about about the IRS's plans:
- read this Modern Healthcare article (reg. req.)
Related Articles:
IRS to investigate nonprofit hospitals. Report
Proving community benefit by reducing sickness. Report
A critical time to prove community benefit. Report
A new standard for voluntary hospitals? Report
VHA: Charity policy must come from the top. Report
Related Stories
- Group issues charity care accounting guidelines
- Officials Say "Prove It!" On Charity Care
- Wisc. hospitals may offer big uninsured discounts
- Mass. AG investigates non-profits' help to communities
- New York non-profit hospitals in the red
- Not-for-profit hospital CEOs average $490,431 per year
- Next year full of healthcare wild cards
- AHA makes headway on community-benefit reporting
- Groups push for federal community benefit standards
- Wisconsin moving ahead with hospital tax plans
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. |
![]() |





