Saturday, May 8, 2004

IRS ruling a template for hospital-physician deals.

As reported yesterday by Modern Healthcare, the IRS has issued Revenue Ruling 2004-51, which lays out the ground rules for nonprofit health care providers who want to go into ancillary joint ventures with for-profit entities. According to the story:The five-page revenue ruling offers a template for how not-for-profit hospitals can protect their tax-exempt status and avoid paying