Madigan's Hospital Bill

Shields, Yvette
January 2006
Bond Buyer;1/25/2006, Vol. 355 Issue 32305, p1
Trade Publication
This article presents information about a new legislation in Illinois that requires most hospitals to provide a minimum level of charity care. It also sets standards for billing and collection methods. The legislation is proposed by Illinois Attorney General Lisa Madigan. If it is approved, hospitals found in violation could lose their exemptions from certain taxes. According to Madigan, new standards are required because most of the hospitals in the state are nonprofit, tax-exempt organizations that receive substantial benefits from their tax-exempt status.


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