Document Detail


Overcoming challenges to tax-exempt status.
MedLine Citation:
PMID:  10156599     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
The tax-exempt status of not-for-profit healthcare organizations increasingly is being challenged by private, for-profit, investor-owned organizations. Often, the business practices of not-for-profit organizations are virtually indistinguishable from those of for-profit organizations, and not-for-profit organizations sometimes provide less charity and unfunded care than their for-profit competitors. Moreover, the tax subsidies not-for-profit organizations sometimes are used to support activities that compete with those of for-profit organizations. To withstand challenges to their tax status, financial managers in not-for-profit organizations should assume an active role in developing clearly articulated, empirically based information about the extent of community benefit their organizations provide and its value.
Authors:
J Wolfson
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Healthcare financial management : journal of the Healthcare Financial Management Association     Volume:  50     ISSN:  0735-0732     ISO Abbreviation:  Healthc Financ Manage     Publication Date:  1996 Apr 
Date Detail:
Created Date:  1996-05-14     Completed Date:  1996-05-14     Revised Date:  2000-12-18    
Medline Journal Info:
Nlm Unique ID:  8215859     Medline TA:  Healthc Financ Manage     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  58-63, 65     Citation Subset:  H    
Affiliation:
Florida Health Information Center, University of South Florida, Tampa, USA.
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MeSH Terms
Descriptor/Qualifier:
Charities
Commerce
Community-Institutional Relations / economics*
Financial Management, Hospital / methods*
Government
Hospitals, Proprietary / economics,  legislation & jurisprudence
Hospitals, Voluntary / economics*,  legislation & jurisprudence
Ownership
Practice Management, Medical
Taxes / legislation & jurisprudence
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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