Finance Chairman seeks data on tax-exempt hospitals - KPMG Global
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Finance Chairman seeks data on tax-exempt hospitals, section 501(r) compliance

Finance Chairman seeks data on tax-exempt hospitals

U.S. Senate Finance Committee Chairman Grassley (R-IA) wrote to the Commissioner of the IRS seeking information about tax-exempt hospitals and their standards for serving communities and low-income patients.

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The letter [PDF 491 KB] requests data about how many hospitals are in compliance with the requirements for tax-exempt status under section 501(r) specifically concerning the:

  • Community health needs assessment requirements
  • Financial assistance policy requirements
  • Requirements on charges billed to patients
  • Billing and collection requirements

Chairman Grassley asked for data based on IRS examinations of hospitals not in compliance with section 501(r) requirements.

 

For more information, contact a tax professional with KPMG’s Washington National Tax practice:

Ruth Madrigal | +1 202 533 3800 | ruthmadrigal@kpmg.com

Preston Quesenberry | +1 202 533 3985 | pquesenberry@kpmg.com

Randall Thomas | +1 202 533 3786 | randallthomas@kpmg.com

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