Community Benefit Reporting and the COVID-19 Pandemic Discussed in Webinar

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Community Benefits TrackerThe COVID-19 pandemic has had significant impacts on communities, patients and the hospitals that serve them and has severely affected hospital finances. Questions have arisen regarding how pandemic-related expenses, revenues and revenue losses should be reported as community benefits on IRS Form 990, Schedule H.

MHA members are invited to participate in a webinar led by Keith Hearle, a national expert in community benefit reporting, to discuss these topics. The webinar is offered free of charge and will be presented via the Zoom platform. The information will be presented twice, and members can register for either of the following sessions:

  • Monday, June 21, 11 a.m. – 12:30 p.m. EDT
  • Thursday, July 22, 2 p.m. – 3:30 p.m. EDT

The webinar will cover what COVID-19 expenses and revenue losses count as community benefits and the treatment of Provider Relief Funds. Hearle also will discuss guidance he has developed, as well as that offered by the Catholic Health Association and others, to support decisions on the best ways to report community benefits for these challenging fiscal periods. Questions should be directed to the Community Benefits survey team at the MHA.

Virtual Health Finance Forum Scheduled for Dec. 17

The MHA is hosting a virtual health finance forum for MHA members from 3 to 5 p.m. Dec. 17. Participants will hear about:

  • MHA strategic action plan.
  • Provider relief funds reporting requirements.
  • Virtual care policies implemented by payers during the COVID-19 pandemic.

There is no cost to participate, but participants must register to receive the information necessary to access the virtual meeting.

This forum is sponsored by MHA endorsed business partner MCAG, an expert in recovering money due its clients from class action settlement funds. Participants are encouraged to review the MCAG website to understand the services it offers and how they may benefit health systems. Questions should be directed to Jason Jorkasky at the MHA.