Hospitals Rushing to Get Bonds Issued Before Tax Reform Takes Effect

Überblick


Michael Peregrine said a provision of the new tax bill that could jeopardize tax-exempt bond issuance by not-for-profit hospitals is prompting some hospital boards to consider converting to for-profit status, or diversifying their assets into for-profit subsidiaries given that the bond issues could be, as he put it, “subject to onerous regulation.”