title: Proposed regs address new hospital tax-exemption requirements.
abstract: Proposed regulations set forth detailed rules for implementing the new tax-exemption requirements of Section 501(r) of the Internal Revenue Code for not-for-profit organizations operating hospital facilities. The proposed regulations provide guidance on the written financial assistance policies (FAPs) that hospital facilities are required to establish. The regulations propose methodologies for determining the amounts that a hospital facility can charge FAP-eligible individuals for emergency and other medically necessary care. They prescribe procedures that hospital facilities would be required to follow before engaging in extraordinary collection actions against an individual.
authors.affiliation: Washington National Tax Office, KPMG, LLP Washington, DC, USA. rspeizma@kpmg.com
authors.forename: Richard A
authors.initials: RA
authors.lastname: Speizman
authors.forename: V A
authors.initials: VA
authors.lastname: Moore
authors.forename: Alexandra O
authors.initials: AO
authors.lastname: Mitchell
mesh_terms: D004469:Economics, Hospital / Q000331:legislation & jurisprudence* / Q000458:organization & administration; D033161:Government Regulation; D017722:Hospital Charges / Q000331:legislation & jurisprudence; D006801:Humans; D008483:Medical Assistance / Q000331:legislation & jurisprudence; D010350:Patient Credit and Collection / Q000331:legislation & jurisprudence; D019464:Tax Exemption / Q000191:economics / Q000331:legislation & jurisprudence*; D017664:Uncompensated Care / Q000331:legislation & jurisprudence*