Navigation Links
Baucus Bill Imposes Additional Tax Burdens on Nonprofit Hospitals
Date:9/16/2009

Magnifies financial and administrative strain for nonprofit hospitals in period of limited resources; potentially impact services and cost to consumers

WASHINGTON, Sept. 16 /PRNewswire-USNewswire/ -- Senator Baucus released the details of the proposed Senate health care plan, America's Healthy Future Act of 2009, which would create new and onerous requirements applicable to nonprofit hospitals starting in 2010. According to the provisions, every nonprofit hospital would be required to conduct a community health needs assessment at least once every three years, and then adopt an implementation strategy to ensure that the nonprofit hospital will meet the identified needs. Failure to complete the study in any three year period would result in a penalty on the nonprofit hospital of up to $50,000, while failure to disclose the implementation strategy would subject the nonprofit hospital to monetary penalties for filing an incomplete Form 990.

"This community health needs assessment requirement imposes additional administrative burdens on the nonprofit hospital community," says Nancy Ortmeyer Kuhn, an attorney who specializes in exempt organizations at Caplin & Drysdale, "especially at a time when nonprofit hospitals are dealing with the added complexity and reporting requirements of the newly revised Form 990 and Schedule H."

If this legislation is passed, the nonprofit hospital community will be burdened with assessing all of the needs of the community and justifying their decisions to address only certain needs. This justification will be required to not only satisfy the IRS in order to avoid penalty taxes, but also satisfy the public since the study and response are public documents. Whether this will cause nonprofit hospitals to alter or increase their provision of healthcare to the community remains to be seen. "It could potentially increase cost to consumers and decrease the provision of healthcare since so many resources will be consumed by these administrative burdens," says Ms. Kuhn.

The bill is scheduled for markup by the Senate Committee on Finance on September 22, 2009.

For more information, please contact Nancy Kuhn at 202-862-8856 or nok@capdale.com

About Caplin & Drysdale

A leading law firm, Caplin & Drysdale provides exempt organization counseling and a full range of tax and legal services to companies, organizations, and individuals throughout the United States and around the world. The firm also offers employee benefits counseling, corporate law counseling, political activity law counseling, white collar defense, and complex civil litigation services.


'/>"/>
SOURCE Caplin & Drysdale
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. NCPA Statement on Sen. Baucus Medicare Bill Inclusion of Solutions for Medicare and Medicaid Reimbursement Problems
2. Montana Community Pharmacy Owner Thanks Sen. Baucus for Including Common-Sense Reimbursement Provisions in Medicare Bill
3. PCMA Statement on Baucus-Conrad Comparative Effectiveness Legislation
4. NCPA Endorses U.S. Senator Max Baucus for Re-Election
5. SEIU Statement in Support of New Blueprint to Solve Health Care Crisis by Senator Max Baucus
6. AHIP Statement on Senator Baucus Health Care Reform Proposal
7. As Chairman Baucus Outlines Vision for Healthcare Reform, NACDS Emphasizes Pharmacy's Essential Role in Any Successful Overhaul
8. APHA Applauds Sen. Baucus for Prioritizing Health Reform
9. Home Oxygen Leaders Commend Sen. Baucus Efforts to Expand Health Care Access, Warn That Deep Cuts in Oxygen Benefit May Undercut Access
10. Poll Shows Baucus Individual Mandate To Buy Health Insurance Unpopular
11. US Oncology Applauds Senator Baucuss Healthcare Reform Call to Action for 2009, Supports Collaborative Measures to Enhance Cancer Patients Access to Care While Improving Quality and Access
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2017)... ... January 23, 2017 , ... A Northwestern Pennsylvania addiction treatment ... Alpine Springs Rehabilitation & Recovery Center’s new website can be found at ... its redesigned and retooled website. The treatment center has also revamped its social ...
(Date:1/23/2017)... ... January 23, 2017 , ... ... high-level training standards for healthcare treatment providers who treat the full spectrum of ... Council. , The Presidents Council consists of the leading eating disorder treatments ...
(Date:1/23/2017)... ... 23, 2017 , ... Zachary Cattell, President of the Indiana ... industry expert at the 2017 Sector Summit hosted by Ivy Tech Community College ... Gerry Dick, will feature an employer and an association representative from five of ...
(Date:1/23/2017)... ... January 23, 2017 , ... Old School Labs™, makers of the wildly popular ... bodybuilder Breon Ansley to its growing team of brand ambassadors. The Olympia top finisher ... in less than a year was able to turn professional, participating in the 2013 ...
(Date:1/23/2017)... ... January 23, 2017 , ... ... programs and resources at seafoodnutrition.org/programs and seafoodnutrition.org/resources to assist in teaching communities ... These resources have been developed for use by nutrition educators and influencers ...
Breaking Medicine News(10 mins):
(Date:1/23/2017)... Longer life expectancy and rising healthcare expenditure in developing countries are ... BCC Research reveals in its new report that markets in ... see strong growth due to rising government healthcare spending, increased levels of ... Continue Reading ... ...
(Date:1/23/2017)... Spain , January 23, 2017 /PRNewswire/ ... biopharmaceutical company focused on treatments for calcification disorders, ... enrolled in the Phase IIb "CaLIPSO Study" clinical ... of cardiovascular calcification (CVC) in end-stage-renal-disease (ESRD) patients ... in the last stage of chronic kidney disease, ...
(Date:1/22/2017)... , Saudi Arabia , January 22, 2017 ... US and UAE discuss ... at the World Economic Forum   "The management and ... big data and powered by artificial intelligence and this trend is going to ... ,Hospital of the Future, at the concluding day of the 47 th ...
Breaking Medicine Technology: