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Showing 3 posts in Community health needs assessment (“CHNA”).

Charitable Hospitals and Community Health Needs Assessments

Posted In Affordable Care Act, Charitable Hospitals, Community health needs assessment (“CHNA”), Patient Protection and Affordable Care Act (“ACA”)

In the last days of 2014, the IRS released regulations that finalized the compliance requirements for charitable hospitals. These new 2014 IRS regulations relate to the Community Health Needs Assessment (CHNA or needs assessment) requirements for nonprofit hospitals or nonprofit organizations Senior female doctor using a tablet computer in her officeoperating a hospital contained in Section 501(r) of the tax code, which was created by the Patient Portability and Affordable Care Act (“ACA”). Section 501(r) requires that thorough CHNAs be conducted every three years in order to maintain their 501(c)(3) nonprofit status. These needs assessments must define the community served by the hospital, the needs of the community, and a strategy addressing the identified community needs. Since each facility that fails to meet CHNA requirements loses its nonprofit status and has to pay a $50,000 excise tax, nonprofit hospitals and networks need to pay special attention to the changes and incorporate these new requirements into their needs assessments. More >

The ACA’s Effect on Nonprofit Hospitals

Posted In 501(c)(3), Affordable Care Act, Community health needs assessment (“CHNA”), Health Care Law, Hospitals, Nonprofit hospitals

By considering the promotion of health a charitable endeavor, the IRS has long granted nonprofit hospitals tax-exempt status under 501(c)(3), the charitable organization exemption.  To maintain their status, nonprofit hospitals have always been required to meet specific requirements, such as having an independent board of trustees or offering preventive health outreach programs in their communities. More >

New IRS Guidance for Charitable Hospitals

Posted In Affordable Care Act, Community health needs assessment (“CHNA”), Form 4720, Nonprofit hospitals

The Patient Protection and Affordable Care Act added section 501(r) to the Internal Revenue Code, which imposes new requirements on 501(c)(3) organizations (nonprofit hospitals) that operate one or more hospital facilities. Under section 501(r), each hospital facility operated by a 501(c)(3) organization must meet four general requirements on a facility-by-facility basis in order for the nonprofit hospital to maintain its tax exempt status: More >

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