The nation's largest skilled nursing association has asked for clarification on new federal tax policy, hoping the Office of Management and Budget will exclude for-profit skilled nursing providers from a category of "specified trade services" that miss out on a new deduction.
Praise for Congress for proposing a bill that would reset Medicare physician pay rates could be a little less hearty, after details emerged Tuesday that the measure would also include penalties as high as 100% for providers delinquent with income tax payments.
The Internal Revenue Service handed down instructions for following the Affordable Care Act's employer mandate Thursday, and encouraged insurers and employers to start following draft rules in 2014 on a voluntary basis.
The Internal Revenue Service recently spelled out how a 2.3% excise tax on medical devices will be carried out. But manufacturers and other organizations likely to be affected by the new rule want to delay or eliminate its implementation.
A well-known former nursing executive must repay the federal government $13.8 million for fraudulent business practices. U.S. District Court Judge Mary M. Lisi handed down the ruling for the misuse of loans in Anthony Giordano's Rhode Island facilities on Dec. 3.
A first: a former Georgia nursing home operator will spend 20 years in prison on charges of healthcare fraud and tax evasion under providing "worthless services," federal officials said Monday.
The federal government should bar healthcare providers with large amounts of unpaid taxes from receiving Medicaid funds, incensed lawmakers said Thursday following the release of a government report.
IRS should supply workers with electronic means of reporting healthcare data, payroll professional saysApril 02, 2012
A government-mandated request for additional healthcare data may result in the Internal Revenue Service requiring another form beyond a W-2 for employees, a payroll expert said last week.
Reporting the cost of employer-sponsored healthcare plans on the W-2 form will be optional in 2011, the Internal Revenue Service said Tuesday.
Dennis Bozzi, the former long-time president and CEO of Life Services Network of Illinois, has acknowledged misappropriating approximately $670,000 and will repay it to the nursing home group, its new leader said Tuesday. Meanwhile, the New York Association of Homes and Services for the Aging, Bozzi's employer since last October, fired him on Sunday after an emergency conference call of its board of directors to discuss his Illinois activities.