TITLE

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

AUTHOR(S)
Duff, Susanna
PUB. DATE
December 2002
SOURCE
Bond Buyer;12/10/2002, Vol. 342 Issue 31529, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
8920969

 

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