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Do Not Wait!  Reporting Charity Care and Community Benefit: 
What Hospitals Need to Know Now to Prepare for Schedule H 

90-Minute Audio Conference On CD-ROM

	Presenters
	Elizabeth M. Mills P.C. Partner  McDermott Will & Emery LLP Click Here for Biography
	Nancy Evetts, CPA Director Deloitte Tax LLP Click Here for Biography
	Melinda Grady, CPA Senior Manager Deloitte Tax LLP Click Here for Biography

CD-ROM: $247 Includes conference on CD-ROM and all materials.

How The Conference Works “Attend this program right in your office and enjoy significant savings—no travel time, hassle or hotel expenses. It’s so convenient!  Gather in a conference room and use a speakerphone. The conference lasts 90 minutes. No special equipment is needed. All you need is a computer with speakers!

The new IRS Form 990 Schedule H requires that nonprofit hospitals report their finances and community benefits in much greater detail.  Up until now no formal guidelines were in place that defined a minimum standard of giving.  Starting for the tax year 2009, nonprofit hospitals will be required to collect and analyze data and determine the value of both according to uniform standards for the reporting of charity care and other community benefits activities.  

Now that the draft instructions for Schedule H have been released, hospitals should proactively prepare.  These new reporting requirements will challenge hospital resources, both in the length of time needed to complete the schedule and the expense involved.  But the burden to hospitals will be greater if they don’t start preparing right away.   Identifying any weaknesses in community benefit reporting now will allow enough time to make needed improvements before the new IRS requirements go into effect.  

Join Health Resources Publishing and the experts from McDermott Will & Emery and Deloitte Tax to learn what steps you can take to prepare for filing Schedule H.  “Do Not Wait!  Reporting Charity Care and Community Benefit: What Hospitals Need to Know Now to Prepare for Schedule H ” an audio conference that took place in May 2008.

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Agenda

• Why community benefit and hospital tax exemption is under scrutiny
• Tests for tax-exemption
• How to measure community benefit under the new IRS requirements
• Ways to fulfill the new requirement
• How to ensure your community benefit numbers are defensible 
• Review of the new IRS reporting standards and draft instructions for Schedule H
• How to best meet the new reporting demands 
• Identify key risk areas to provide accurate and complete information
• Do bad debt expense and Medicare shortfalls count toward community benefit?
• The benefits of measuring community benefit in 2008
• How Schedule H can be used as a PR tactic to describe exempt accomplishments and mission
• Practical examples of reporting for very different, real-life situations
• Question and answer session with out expert panel

All non-profit hospital / health system executives with titles:

CEO/President, COO, CFO, VP or Director of Finance, Controller, Vp or Director of Accounting, VP or Director of Operations, Executive Director, SVP, EVP, Administrator, Managing Director, Tax Director, Accountant, Director of Internal-Audit, Legal Counsel, compliance officers

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©2008 Health Resources Publishing

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