In this case the taxpayer, a doctorsâ office, displayed various pieces of art in its offices, claimed depreciation on said artwork, which the IRS disallowed. At trial the IRS argued that the works of art did not have a useful life, based on Revenue Ruling 68-232.
A reduction in HAPU incidence by just 1 percentage point (3.5% to 2.5%) results in potential savings of $1,305,000 per year. Calculate your own potential savings below.
Hospital Savings Example. A small reduction in pressure ulcer incidence can dramatically reduce costs. As an example of potential savings, consider a 300-bed hospital with 15,000 annual admissions, a HAPU rate of 3.5%, and an average incremental treatment cost of $8,700 per ulcer.