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IRS rules crack down on nonprofit hospitals

Posted by Matti Miranda on December 30, 2014 at 4:27 PM

A side effect of The Affordable Care Act involves nonprofit hospitals. Recently, the IRS set forth rules making costs and payments more fair.  Here is the story published on The Hill by Sarah Ferris, on December 29, 2014.

The federal government is cracking down on nonprofit hospitals under ObamaCare in an attempt to prevent harsh collection practices and steep charges for the uninsured.

Newly finalized regulations from the Internal Revenue Service, announced Monday, will require nonprofit hospitals to “take an active role in improving the health of the communities” by making payment methods more fair and making costs more transparent.

Read the full story here: