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Working with Human Tissues for Translational Cancer Research
Published on: November 26, 2015
responding to final 501(r) regulations for tax-exempt hospitals
Abstract:
To fully comply with the IRS's final regulations for maintaining tax-exempt status, hospitals must: Adhere to the requirements related to community health needs assessments. Develop a strategy for complying with the extensive requirements regarding financial assistance policies (FAPs). Determine how they will calculate amounts generally billed,which is the maximum FAP-eligible individuals can be charged for emergency or other medically necessary care. Establish FAP eligibility prior to engaging in any extraordinary collections actions.
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