July 9, 2015

On June 26, 2015, the Internal Revenue Service (IRS) released Notice 2015-46, which clarifies the requirement in the Treasury Regulations under Section 501(r)(4) that a hospital’s financial assistance policy (FAP) must include a list of providers delivering emergency or other medically necessary care at the hospital.

Notice 2015-46 offers guidance on how to present and update the provider list for a hospital’s FAP, clarifying some issues left unanswered by the final Section 501(r) regulations. By relaxing the strenuous and uncertain requirements regarding provider lists, the notice should offer administrative relief to hospitals.

To view the full alert, click here.