New standards make qualifying for tax-exempt status harder

Description

Abstract: True or not, over the last several years, a perception has developed that not-for-profit hospitals and health systems provide no more charity care than their for-profit counterparts. Such thinking has led to increased scrutiny of tax-exempt health care entities and whether they deserve that status. And the recently enacted health care reform along with an Illinois Supreme Court decision in March may make it harder to qualify for tax-exempt status.