The Internal Revenue Service has issued its long-awaited final report regarding the results of its 2006 study of nonprofit hospitals (the Report). The study involved distribution of a compliance-check questionnaire to over 500 hospitals across the United States and focused on two broad areas of inquiry: (1) the nature and extent of activities undertaken by hospitals relevant to demonstrating compliance with the “community benefit” test for Section 501(c)(3) exemption, and (2) the practices and policies used by hospitals in compensating senior executives.

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Source: Health Law Alert
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