Schedule H Project Continues

The American Hospital Association is extending its effort to analyze tax-exempt hospital tax returns and propose better policy through its Schedule H Project.

Begun after the Schedule H for tax-exempt hospitals first appeared for 2009 990 filings, The Schedule H Project seeks copies of Schedules H filed by hospitals of all sizes for analysis by the AHA and their contractor, the Washington, D.C., office of Ernst & Young.

Modern Healthcare reported in May that the AHA and its members believe the Internal Revenue Service’s current version of the Schedule H and the now-mandatory community health needs assessment is burdensome, especially for large networks of hospitals.

According to the healthcare magazine, researchers at Ernst are analyzing common answers among hospitals in an attempt to reduce the amount of work to comply with the schedule and to help portray a more accurate depiction of a hospital’s finances and its work in the community it serves. Information on the Schedule H Project can be found here.

The project’s administrators will accept filings from the 2010 tax year until September 15.

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