Tax Risks for Healthcare Systems


Course Description
Healthcare organizations are under constant regulatory pressures. While many health systems are comprised of tax-exempt entities, this does not mean they are immune from tax risks and regulations. Continued governmental scrutiny of the exempt status of hospitals coupled with the general exemption requirements and the specific rules under 501(r) mean hospitals need to understand the potential risk areas. In addition, tax exposures can occur in other areas that can catch organizations unaware, especially if they have for-profit subsidiaries. In this session we will cover general tax exemption requirements, specific areas of current IRS review and focus and what hospitals can and should do to monitor tax risk.

Learning Objectives:

  • Identify the general and specific requirements for tax exempt status
  • Analyze the current areas of IRS and governmental focus on health systems
  • Determine other areas of potential tax exposure
  • Review approaches to monitor and evaluate tax risk

Kim Hunwardsen, Partner

Kim has more than 25 years of experience serving healthcare and tax-exempt clients. She provides tax consulting, planning and compliance services to a variety of healthcare and nonprofit organizations. Kim has experience consulting on mergers and acquisitions, formation of tax-exempt entities, unrelated business income studies, compensation and benefits issues, IRS examinations, charitable giving and restructuring. She also assists hospitals with community health needs assessments and ensuring they are following the exemption requirements under 501(r). Kim speaks on topics relevant to nonprofit and healthcare organizations throughout the country.

CPE Information
CPE Credits: 1
Field of Study: Auditing
Level of Knowledge: Basic
Delivery Method: Specialized Knowledge and Applications 

Additional Information:
These are web-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.

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