AHA Asks IRS to Allow Hospitals to Report Community Service on Consolidated Basis
The American Hospital Association has asked the Internal Revenue Service to improve Schedule H to allow hospitals to report their community benefit on a consolidated basis, according to a report in AHA News Now.
In a letter to the IRS, officials from AHA said the only way to assure reliable data for non-profit hospitals that are part of a multi-hospital system is to allow them to file a Schedule H on a consolidated hospital basis, which would be in line with the Patient Protection and Affordable Care Act.
Read the AHA News Now report on consolidated hospital community benefit reporting.
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:12,369.38 Trade time:4:03PM EDT Value change:▼73.11 (-0.59%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:2,778.79 Trade time:5:16PM EDT Value change:▼34.90 (-1.24%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,295.22 Trade time:4:33PM EDT Value change:▼9.64 (-0.74%)Channels