501(c)(3) Hospitals : Proposed IRS Rules Under Section 9007 of the Affordable Care Act

Author / Creator

Library of Congress. Congressional Research Service. American Law Division

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Online

Summary

Discusses new requirements and regulations established under Section 9007 of the Affordable Care Act for 501(c)(3) organizations that operate one or more hospital facilities to maintain or achieve ...

Discusses new requirements and regulations established under Section 9007 of the Affordable Care Act for 501(c)(3) organizations that operate one or more hospital facilities to maintain or achieve tax-exempt status. Examines "charity care" and "community benefit" standards as tools to interpret "charitable" requirement under Section 501(c)(3) of the Internal Revenue Code. Explains new requirements for tax-exempt hospitals as defined by the statute and proposed regulations, including community health needs assessment, financial assistance policy, limitations on charges, and billing and collections conditions. Discusses enforcement of these new requirements and specific areas for which the Treasury Department and IRS are currently soliciting comments.

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