Ascension Health Pays $2.7M To Resolve Merger-Bond Audit

Duff, Susanna
December 2002
Bond Buyer;12/10/2002, Vol. 342 Issue 31529, p1
Trade Publication
Reports that the largest nonprofit healthcare system in the U.S., Ascension Health, has agreed to pay the federal government a multi-million dollar amount, thereby resolving merger bonds under the U.S. Internal Revenue Service audit. Date of disclosure of the settlement; Implications of the settlement for hospitals that had resulted from a merger of separate nonprofit health care organizations.


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