LIMITED TIME OFFER: GIFT BEFORE APRIL 1, 2014: New York Proposes Dramatic Change to Estate and Gift Taxes

February 12, 2014

Governor Cuomo is taking steps to alter what he calls New York’s “outdated” estate tax system. To meet the increasing Federal estate exemption, he has proposed raising the state’s exemption from $1,000,000 to $5,250,000 and lowering the top estate tax rate from 16% to 10% by 2017 and indexing the exemption for inflation beginning in …

Second Circuit Court of Appeals Affirms Preliminary Injunction Against United Healthcare, Staying Inappropriate Termination of Connecticut Physicians *** PROMPT ACTION REQUIRED ***

In a Summary Order on February 7, 2014, the United States Court of Appeals for the Second Circuit affirmed the December, 2013 decision and preliminary injunction order by Judge Stefan Underhill of the District Court of Connecticut, which precluded United Healthcare from proceeding with its termination of Fairfield and Hartford County Medical Association members from …

New York State DOH Finalizes Policies for Transition of the Medicaid Nursing Home Benefit and Population Into Managed Care

February 11, 2014

The Department of Health (DOH) recently distributed its final policies setting forth the rules governing the transition of the Medicaid nursing home benefit and population into managed care. DOH’s goal in implementing these policies is “to foster a care delivery model that promotes transitional planning across the health care delivery system with the focus on …

Internal Revenue Service Releases Two Notices Affecting Tax-Exempt Hospitals

February 6, 2014

The Internal Revenue Service recently issued two notices (Notice 2014-2 and Notice 2014-3) concerning Internal Revenue Code Section (“IRC”) 501(r), which governs tax-exempt, charitable organizations that operate one or more hospital facilities (commonly referred to as “Hospital Organizations”). New York clients Click Here to read entire Legal Alert. New Jersey clients Click Here to read …

Update: NYC DOHMH Delays Implementation of First Psychosis Diagnosis Reporting Requirement For New York City Hospitals

January 24, 2014

The New York City Department of Health and Mental Hygiene (DOHMH) has delayed the date that New York City hospitals will become obligated to report when individuals ages 18-29 are admitted for a first episode of psychosis. The reporting requirements are detailed in our prior alert, which is available by clicking here. In letters forwarded …