United States

Proposed Regulations Address More Than Community Health Needs Assessments

Jan 22, 2015
From the Healthcare & Life Sciences Institute

The IRS and Treasury Department in April 2013 issued proposed regulations addressing the requirement under section 501(r)(3) that charitable hospitals conduct community health needs assessments and adopt implementation strategies at least once every three years.

Importantly, the proposed regulations also address some significant issues relating to section 501(r) generally, including the consequences for failure to satisfy any of the requirements of this section of the Code.

This article from the April 29 edition of What’s News in Tax discusses the proposed regulations, noting how they differ from previous guidance on section 501(r).