Recent Developments for Exempt Organizations, Including 2010 Year in Review

Rather than relying solely on Twitter, Facebook and other forms of social networking to keep our friends and clients up to date, we are continuing our long-standing practice of summarizing important developments in an annual "year in review" memo. We hope you find the attached summary helpful and that you will contact any member of the Ropes & Gray Tax or Employee Benefits practice groups with any questions you may have. We will continue, of course, to keep you informed of important developments as they occur throughout the year.

Items Of Particular Interest to Health Care Organizations

Health Care Reform Legislation Imposes New Requirements on Tax-Exempt Hospitals

As part of the Patient Protection and Affordable Care Act (PPACA) enacted on March 23, 2010, four new requirements have been imposed on non-profit hospitals.