Eddie Phillips Quoted on Charity Care and Property Taxes for Becker’s Hospital Review

InsightsEddie Phillips, Tax News

Eddie Phillips, principal At Draffin & Tucker LLP, was recently quoted in the article, “Charity Care and Property Taxes: Why They Are Now Inseparable,” that appeared in the Nov. 21, 2012, issue of Becker’s Hospital Review.

The article discusses the increased scrutiny of hospitals as some are being stripped of their property tax exemptions because they do not provide enough charity care. Eddie says hospitals are supposed to be providing a valuable service by helping out low-income members of the community, and the cost of care to indigent patients generally should be equal to or greater than the tax exemption hospitals are given. The article also discusses the financial ramifications of hospitals losing their tax-exemptions and what hospital executives should do to show their tax exemptions are not being wasted.

What each non-profit hospital needs to do is understand how to meet minimum charity care standards but also to document the other benefits they are providing to those communities, especially for the vulnerable populations.

To read the full article, please visit http://www.beckershospitalreview.com/racs-/-icd-9-/-icd-10/charity-care-and-property-taxes-why-they-are-now-inseparable.html.

For more information on charity care and property taxes, please contact Eddie Phillips at ephillips@draffin-tucker.com.