Nonprofit Hospitals Face Additional Regulatory Burdens in Financial Assistance and Debt Collection
Roughly 60 percent of hospitals nationwideeither have received or are seeking tax-exempt status under the United States Treasury Department (Treasury) and Internal Revenue Service (IRS) rules and regulations. With new final rules and regulations adopted by the Treasury and the IRS effective December 29, 2014, nonprofit hospitals (referred to in the Federal Register as “charitable hospitals”)…
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