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Your Feedback Needed on IRS, Treasury Proposed Procedures for Charitable Hospitals

America’s Essential Hospitals seeks feedback from member hospitals on proposed procedures charitable hospitals must use to disclose and correct failures that are not willful or egregious. The procedures would allow hospitals to meet requirements under section 501(r) of the Internal Revenue Code, an Affordable Care Act provision that imposes additional requirements on charitable hospital organizations.

The Internal Revenue Service and U.S. Department of the Treasury released a notice containing the proposed disclosure and correction procedures, and are seeking comments on them. Specifically, the agencies seek feedback on whether hospitals should be required to make disclosures in ways other than reporting on Schedule H of federal Form 990.

Please provide feedback as soon as possible to Xiaoyi Huang, assistant vice president for policy, at xhuang@essentialhospitals.org or 202.585.0127. Comments are due March 14.

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