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Financial Assistance Policy Compliance with 501(r)
Tax-Exempt and Dual Status Governmental Hospitals are required to comply with the various section of 501(r), enacted by the Affordable Care Act. The IRS is being to closely monitor that hospitals are in compliance with the Financial Assistance Policy (FAP) Regulations. It’s important that your hospital is following the IRS guidelines to avoid a potential audit. Note: FAPs is the term the IRS now uses in place of Charity Care Policies.

Apr 21, 2020 11:30 AM in Central Time (US and Canada)

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