A Form 990 Schedule H conundrum: how much of your bad debt might be charity?
IRS Form 990 Schedule H requires hospitals to estimate the amount of bad debt expense attributable to patients eligible for charity under the hospital's charity care policy. Responses to Schedule H, Part III.A.3 open up the entire patient collection process to examination by the IRS, state officials, and the public. Using predictive analytics can help hospitals efficiently identify charity-eligible patients when answering Part III.A.3.
Bailey
Shari
S
Verité Healthcare Consulting, LLC, Washington, D.C., USA. shari.bailey@veriteconsulting.com
Franklin
David
D
Hearle
Keith
K
D002608:Charities / Q000331:legislation & jurisprudence*; D004282:Documentation; D004469:Economics, Hospital / Q000331:legislation & jurisprudence*; D013660:Taxes / Q000331:legislation & jurisprudence*; D017664:Uncompensated Care / Q000331:legislation & jurisprudence*; D014481:United States