Shared service alternatives offer flexibility and tax benefits.
Because the performance of shared service and tax-exempt status under Section 501(c)(3) of the Internal Revenue Code can be incompatible, hospitals planning to provide services to each other or to other organizations on a fee-for-service basis may wish to do so through a separate corporate entity. Using either a Section 501(e) shared service organization, a Sub-chapter T cooperative, or a taxable business corporation, a compromise can be reached between operational flexibility and tax benefits.
D005376:Financial Management; D005377:Financial Management, Hospital; D006739:Hospital Administration / Q000191:economics*; D006754:Hospital Restructuring / Q000191:economics*; D006755:Hospital Shared Services / Q000191:economics*; D013660:Taxes / Q000331:legislation & jurisprudence*; D014481:United States