Most Popular Stories
- Disruptive doctor behavior causes mistakes, intimidates workers
- AHA survey: Negative profit margins for hospitals
- DOD, VA move to SOA architecture to build interoperable systems
- Walgreens plans 100 more retail clinics by mid-2009
- Cleveland Clinic lists potential conflicts of interest online
- HHS: 60 percent of DME companies banned by Medicare may keep billing
Poll
Featured Jobs
-
Michigan OBGYN
StaffPointe, LLC - south , MI -
Florida Noninvasive Cardiologist
StaffPointe, LLC - west , FL -
Florida Medical Technologist
StaffPointe, LLC - St. Petersburg , FL -
Florida Orthopedic Surgeon CEx1143
StaffPointe, LLC - near Fort Meyers , FL -
Michigan RN Mgr Patient Care Svcs
StaffPointe, LLC - Battle Creek , MI
Events
- Avaya Patient Payment Recovery Webinar
Thursday, December 11, 2008 1-2pm
Paid Research Reports
- Stakeholder Opinions: Percutaneous Coronary Intervention - Adverse events with drug-eluting stents demand a new safety standard
- Impact of Pharmacogenomics on Public Healthcare Policy
- The Cardiovascular Disorders Market Outlook to 2012
- 2008 Trends to Watch: Pharmaceutical Technology
- Pharmaceutical Pricing and Reimbursement: Strategies for market access across the US, Europe, Japan and other key geographies
Latest News
Popular Topics
Whitepapers
- IT Service Management: Aligning IT and Business Goals for the High-Performance Hospital
- Benefits, Challenges and a Proposed Approach to Integrating CMS and FDA Information
- Building Teams in Primary Care: Lessons from 15 Case Studies
- New from IBM! Healthcare 2015: The Future of Care Delivery
- Engaging Physicians in a Shared Quality Agenda
- Enhancing Telecom Expense Management Through Enterprise Business Intelligence
Provena Covenant loses state tax-exemption appeal
Though they keep soldiering on, executives with Provena Covenant Medical Center must be a little bit discouraged by this point. Last week, the state Supreme Court refused to review the state Department of Revenue's decision to yank its property tax exemption, a decision that could mean Provena owes more than $6 million. Observers say the decision may ultimately prove influential beyond the borders of Illinois, as both state and federal legislators hoping to tighten up charitable care rules for not-for-profit hospitals.
For five years, leaders with the Urbana-based non-profit hospital have been fighting to get their tax exemption back, which they lost in 2003 when the state's Department of Revenue ruled that Provena wasn't providing enough charity care. Since then, the hospital has gradually worked its way through the Illinois court system, tirelessly appealing the adverse decision that put its exemption in jeopardy. Provena went to the state Supremes after losing their case in Illinois appeals court. It's not clear whether execs are going to keep fighting--after all, the fight must have cost it more than $6 million by this point--but we'll keep you posted if it does.
To learn more about the case:
- read this Chicago Tribune article
Related Articles:
IL hospital loses high-profile tax case
Nonprofit hospitals continue to face IRS scrutiny on whether they're providing enough charity care
Provena Covenant's tax exemption in jeopardy again
Non-profit hospital tax breaks attacked by Grassley, again
Related Stories
- Case study: Wichita hospital screens patients for government benefit eligibility
- Judge approves BJC Healthcare setlement
- Hospitals using investment cash flow for capital needs
- Case study: WY hospital expands charity care
- HCA boosts income, stabilizes bad debt expense
- NJ hospitals in dire straits after charity budget cuts
- Patients cutting back on elective surgeries, procedures
- AHA survey: Negative profit margins for hospitals
- Provena Covenant's tax exemption in jeopardy again
- Amerigroup's $225M fine may not benefit providers
Comments
Post new comment
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site MapTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceSarbox | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceBiotech | FierceBioResearcher | FiercePharma | FierceVaccines | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe© 2008 FierceMarkets, Inc. All rights reserved. |
![]() |



