SCHEDULING CHALLENGES; With overhauled Form 990, hospitals are being asked for more specifics on governance, pay, perks, subsidized care.

Modern Healthcare, January, 2008 by Evans, Melanie

Byline: Melanie Evans

Policymakers and watchdogs who have long relied on guesswork to monitor healthcare's not-for-profit hospitals won't be left to speculate much longer. New federal rules, effective in 2008 and 2009, require detailed disclosure on governance policies, executive pay and perks, and how much subsidized care tax-exempt hospitals provide to justify tax breaks.

Information made public by the new rules will provide previously unavailable details on the finances and operations of a sector that has been sharply criticized as opaque and largely overlooked by regulators. Experts inside and outside healthcare said such details will be analyzed to offer perhaps the best look yet at how roughly 2,900 private not-for-profit hospitals earn tax...

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