Not-For-Profit Hospital Status Under Heightened Government Scrutiny
Latest Strategies for Protecting Tax-Exempt Status
Healthcare reform law imposes additional requirements for tax-exempt hospitals
Recording of a 90-minute CLE webinar with Q&A
This CLE course will provide guidance to counsel for not-for-profit (NFP) hospitals on the proactive measures necessary to protect the hospital's tax-exempt status, in light of the recent Provena Covenant ruling and other federal and state initiatives targeting NFP hospitals.
- New federal law requirements after Patient Protection and Affordable Care Act (PPACA)
- New IRC § 501(r) requirements to maintain tax exempt status
- Role of nonprofit health care under PPACA (new disclosure requirements, studies, reports to Congress)
- The Illinois Supreme Court decision in Provena Covenant
- What the opinion says and doesn't say; where the law is now
- Can plurality opinion be exported?
- Putting Provena in context (How we got from 2002 to today)
- How hospitals should react to new federal law requirements and Provena
The panel will review these and other key questions:
- What is the impact of the attacks on NFPs and new requirements for hospitals whose tax-exempt status results in substantial financial benefits every year?
- How can NFPs balance the requirements to maintain tax-exempt status while managing the rising costs of charity care?
- What steps should hospitals take to comply with state and federal law requirements for NFPs and avoid government penalties or civil liability?
- What are the additional requirements imposed on NFP hospitals by the new healthcare reform law?
Patrick S. Coffey
Locke Lord Bissell & Liddell
He is an experienced trial lawyer and corporate counselor. His practice concentrates on the representation of corporate... | Read More
He is an experienced trial lawyer and corporate counselor. His practice concentrates on the representation of corporate and individual clients in complex business litigation, internal investigations, regulatory and government enforcement proceedings, and white collar criminal defense matters. He represented Provena Covenant Medical Center in the recent case regarding its tax-exempt status.Close
James R. King
He advises tax-exempt healthcare organizations and other tax-exempt and nonprofit organizations regarding tax,... | Read More
He advises tax-exempt healthcare organizations and other tax-exempt and nonprofit organizations regarding tax, transactional, regulatory, and corporate governance matters. He has substantial experience representing clients in federal and state tax controversy matters, including IRS team examinations of hospitals and health systems, and state challenges to real estate and other tax exemptions.Close
T. J. Sullivan
Drinker Biddle & Reath
He is a healthcare transactional and tax partner with more than 20 years experience advising tax-exempt organizations... | Read More
He is a healthcare transactional and tax partner with more than 20 years experience advising tax-exempt organizations on complex regulatory and business issues. Until 1996, he was Special Assistant (healthcare) to the IRS Assistant Commissioner (employee plans and exempt organizations). At the IRS, he specialized in matters involving the tax treatment of hospitals and HMOs.Close