IRS Clarifies Standard for Hospitals

In a letter to a trustee at NewYork-Presbyterian Hospital, an official at the Internal Revenue Service has clarified what standards hospitals must follow to prove they are serving the public, often called a "community benefit" standard.

Eric Solomon, an assistant secretary for tax policy, wrote that hospitals can do several things to qualify for tax-exempt status, including admitting poor people for both regular and emergency-room care, training new doctors and nurses, or engaging in

Print Subscription

Digital Subscription

Already have an account? Log In Now.