Business Services Industry
IRS Section H 990 Form Requires New Reporting on Charity and Bad Debt
Business Wire, August 8, 2007
SearchAmerica's compliance solution better identifies charity and bad debt for hospitals
MINNEAPOLIS -- SearchAmerica announces that it's industry leading Charity Advisor[TM] solution brings hospitals in compliance with relevant reporting requirements of the new Section H of the IRS 990 form.
Beginning in 2008 hospitals must report their bad debt and collection practices to the IRS through a new Section H on the 990 form. SearchAmerica's Charity Advisor is an automated solution that:
1. Screens patients at registration, properly qualifying charity accounts (as opposed to bad debt write off designation).
2. Provides an auditable "paper trail" documenting charity classification for each patient qualifying for a hospitals program.
"Hospitals are scrambling to comply with recent rules and regulations surrounding charity care. Our strategy all along has been to help hospitals properly identify accounts that can be classified as charity." says Daniel Johnson, President & CEO of SearchAmerica. "Clients using Charity Advisor successfully find those accounts that can be legitimately classified in the charity bucket."
For more information please contact Bruce Nelson at bruce.nelson@searchamerica.com or on the web at www.searchamerica.com.
About SearchAmerica, Inc.
The industry leader in prediction of payment and automated Charity/Medicaid processing. SearchAmerica provides a complete range of real-time, integrated products that are used by over 300 healthcare customers. SearchAmerica's quality and accuracy is "best in class" and healthcare providers benefit from their smarter data which produces a healthier bottom line. Documented case studies prove a significant return on investment, consistent with favorable public relations.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions



