IRS Notice 2014-67 Guidance On Private Business Use Of Tax-Exempt Bond Financed Hospital Facilities Related To Participation In An Accountable Care Organization

October 24, 2014, the Internal Revenue Service (IRS) released interim guidance to non-profit hospital and health care organizations participating in Medicare accountable care organizations (ACO) on how the IRS will determine if the non-profit organization is using tax-exempt bond-financed facilities for private business use. The guidance also covers management contracts that do not result in private business use of a tax exempt bond financed facility. The guidance adds a new safe harbor provision . . .