Tax-exempt Status

Introduction Hospitals provide benefits to their communities in a multitude of ways, a portion of which is captured by the IRS Form 990 Schedule H. They not only provide financial assistance and absorb underpayments from means-tested government programs such as Medicaid, but also incur losses due…
The AHA today urged the Department of Treasury to issue guidance clarifying that hospitals are promoting health for the benefit of the community as a whole when they address housing, nutrition, transportation and other social determinants of health. “We urge issuance of formal guidance recognizing…
The Illinois Supreme Court today vacated an appellate court decision that declared the state’s property tax exemption standard for hospitals unconstitutional, concluding that the appellate court did not have jurisdiction to take the appeal.