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New website helps hospitals with IRS Form 990

A partnership of four hospital-related associations launched a new website to help member hospitals cope with the revised IRS Form 990. The 990 Coalition for Hospitals, established by the American Health Lawyers Association, the Catholic Health Association of the United States, the Healthcare Financial Management Association and VHA Inc., created the site to offer information and advice to hospital professionals. In particular, the website focuses on Schedule H, a section of the form created in 2007 to increase transparency in the activities of tax-exempt medical facilities. All hospitals are required to submit Schedule H annually detailing their financial information,… Read More