501(r) Final regulations for charitable hospitals under the Affordable Care Act (ACA) require charitable or non-profit hospitals to implement a number of policies and practices to comply with IRS requirements to maintain their tax-exempt status. Charitable hospital organizations must have a written financial assistance policy, specific limitations on charges, fulfil certain billing and collection considerations, and conduct a Community Health Needs Assessment (CHNA) as per 501(r).
Section 501(r) was added to the Internal Revenue Code by the Patient Protection and Affordable Care Act and imposes new requirements on 501(c)(3) charitable organizations that operate one or more hospital facilities. Organizations that do not implement the requirements under this rule are subject to tax implications.
In this webinar, expert speaker Christine M. Duprey will provide you with the information and guidance to comply with the 501(r) final rule requirements, including the CHNA. She will share examples of the financial assistance policy requirements and statement examples that must be incorporated in mailings, on patient statements, or as otherwise designated for communication of the financial assistance policy. In addition to covering the key topics above which are the regulation components of the 501(r), this session will cover the tax implications to the charitable hospital organizations if this rule is not implemented.
Who should attend
Billing or Finance Managers, Business Office Managers, Chief Financial Officers, billing vendors such as Clearinghouses, Billing Companies and Collection Agencies.
Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.
- Jim Sheldon-Dean
Christine Duprey, owner of Caris Consulting has been assisting organizations with their compliance activities since 2000. From assessment of compliance practices, establishment of appropriate policies and procedures or the implementation of compliance programs, Chris has augmented compliance professionals to overcome the obstacles and challenges compliance has brought to health care and vendors that support health care organizations. As a compliance professional, Chris has mentored others to apply a...
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