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Senate Finance Committee approves tax bill
The Senate Finance Committee last night voted 14-12 along party lines to approve the chairman’s mark of legislation to reform the tax code, which includes a provision to repeal enforcement of the Affordable Care Act’s mandate that most individuals have health insurance.
House passes bill with AHA-opposed site-neutral payment cut
The House Dec. 11 voted 320-71 to pass legislation (H.R. 5378) that would delay a Jan. 19 payment reduction to Medicaid disproportionate share hospitals for two years, but permanently reduce Medicare payments for drug administration services in off-campus hospital outpatient departments.
Revised Senate tax bill includes repeal of individual mandate
Senate Finance Committee Chairman Orrin Hatch (R-UT) last night released a revised version of tax reform legislation that includes a provision to repeal enforcement of the Affordable Care Act’s mandate that most individuals have health insurance.
AHA, others urge Congress not to include individual mandate repeal in tax bills
AHA and five other groups today urged congressional leaders not to include a repeal of the Affordable Care Act’s individual mandate to obtain health insurance in pending tax legislation.
Highlights of President Biden’s Executive Order on AI and Its Impact on Health Care
President Biden October 30 issued an Executive Order (EO) on the use of artificial intelligence (AI) that attempts to strike a balance between managing the risks and encouraging innovation.
House approves tax bill
The House of Representatives today voted 227-205 to approve the Tax Cuts and Jobs Act (H.R. 1), legislation to reform the tax code. Among other changes, the bill would eliminate hospitals’ ability to access low-cost capital financing through tax-exempt private-activity bonds and advance refunding bonds.
Ways and Means Committee approves tax bill
The House Ways and Means Committee today voted 24 to 16 along party lines to approve the Tax Cuts & Jobs Act (H.R. 1), legislation to reform the tax code. Among other changes, the bill would eliminate hospitals’ ability to access low-cost capital financing through tax-exempt private-activity bonds.
AHA, others urge Congress to preserve tax-exempt status of municipal bonds
AHA today urged leaders of the House Ways and Means Committee to reject a proposal in the House Republicans’ tax reform package that would eliminate tax exemption for 501(c)(3) hospital bonds and advance refunding bonds.
CMS releases rule implementing new Medicaid renewal enforcement authorities
The Centers for Medicare & Medicaid Services Dec. 4 released an interim final rule implementing new enforcement authorities the agency will use if states fail to comply with new reporting requirements as they restore Medicaid eligibility and enrollment operations following the end of the Medicaid continuous enrollment condition.
New Moody's report: Risk of covenant violations has decreased but remains heightened
The risk of not-for-profit hospitals and health systems violating bond covenants has eased for 2024, but remains heightened, according to a report from Moody's Investors Service.