Unwelcome houseguests. As the IRS expands CEP audits to include smaller healthcare facilities, Carle Foundation Hospital finds itself playing host.
It's not your ordinary audit. If the Internal Revenue Service decides to give your healthcare organization a Coordinated Examination Program audit, be prepared for a long haul-two to three years. And it's hard to anticipate if you'll be targeted. Catherine Jacobson, left, at Rush University Medical Center, says the IRS "told us there was no reason why they chose us, except we were on their list because of our size".
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D005375:Financial Audit / Q000191:economics / Q000331:legislation & jurisprudence*; D005377:Financial Management, Hospital / Q000331:legislation & jurisprudence*; D006276:Health Facility Size; D017721:Hospital Costs; D006788:Hospitals, Voluntary / Q000191:economics*; D007087:Illinois; D013660:Taxes / Q000331:legislation & jurisprudence*; D013997:Time Factors; D014481:United States; D037041:United States Government Agencies