Charitable Facilities

 

 

When you hear the term taxation, you might assume it is a concern for accountants, but it is also a concern for health administrators today.

When shifting the discussion from patient-centered issues to the facility, you must understand that facilities must operate under state laws, and it is those state laws that give the enterprise the authority to exist. As such, when a facility declares that the nature of the facility is “charitable” the state has an interest in ensuring the facility is meeting its obligation under this status. The enormous advantages and tax benefits such institutions gain in being termed such is the reason for this degree of interest.

 

What was it about these facilities that compelled you to share them with the class?
Does the community view the facility as charitable?
Does the facility rise to the status of charitable?
Then after final evaluation come back to the forum to compare the charitable organizations you chose to others in the class.

 

 

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