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Health Law Checkup - For-Profit Hospitals and Management Companies May Enjoy New Tax Benefits

01/21/2015

by William A. Kastin and Eric L. Kintner

The IRS recently issued a private letter ruling which allowed a for-profit medical group (e.g., a hospital) to benefit from losses sustained by its wholly owned physician medical group – and allowed this to occur in a state that generally bans the corporate practice of medicine.

[Read the full alert.]