Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Burden higher for nonprofit hospitals, Illinois Supreme Court says

Chicago Tribune, March 19, 2010

An Illinois Supreme Court decision puts nonprofit hospitals on notice that they must provide an adequate amount of charity care to patients or risk losing significant tax exemptions. The decision is a blow to the state's hospital industry and sets the stage for a potential debate about exactly how charitable hospitals must be, with some experts predicting that Illinois could seek to pass a law mandating the amounts, the Chicago Tribune reports. The Illinois Hospital Association, which represents 200 hospitals in the state, described the ruling as "disturbing" because of the way it reverses precedent.