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  • Title: IRS is making it easier for hospitals to borrow tax-exempt working capital.
    Author: Nemes J.
    Journal: Mod Healthc; 1992 Jul 20; 22(29):34-5. PubMed ID: 10119416.
    Abstract:
    Updated regulations recently issued by the Internal Revenue Service spell out how hospitals and other not-for-profit borrowers can issue debt to boost their cash flow. While hospitals probably won't be rushing out to borrow money for working capital, the new rules will provide significant help for facilities. They clarify several issues that had confused hospitals in the past and will give them more latitude in the future.
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