In the proposed rule, the tax collecting agency agreed it would not penalize small errors in community needs filings with excise taxes capped at $50,000 for inadequate community needs reports.
More Articles on the IRS and Non-Profit Hospitals:
Moody’s: Hospitals Getting Innovative to Cope With Reform
Sen. Grassley Targets Duke, UNC, Carolinas Hospitals for Use of Discount Drug Program
Is Your 340B Program Prepared for an Audit?
Register to Attend Webinar
Presenters:
Alla LaRoque, HaloMD|Megan Rausch, HaloMD|Patrick Velliky, HaloMD
Next Up in Financial Management
-
The 340B Drug Pricing Program remains among the financial and policy issues hospital CEOs are watching closely, amid legal challenges…
-
Plans are expecting Medicare Advantage enrollment of 34 million beneficiaries in 2027, or about 47.4% of all Medicare enrollees, according…
-
Revenue cycle performance is typically tracked through operational metrics such as denial rates, days in accounts receivable and cost to…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
