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.
This policy currently translates prevention of CLABSI, CAUTI, and certain SSIs into cost savings for hospitals treating Medicare and Medicaid patients. 53 Even this has been criticized as not going far enough to drive either patient safety or substantial cost savings. 54 Indeed, under a new Centers for Medicare & Medicaid Services (CMS) rule that authorizes states to identify other provider-preventable conditions for which Medicaid payment will be prohibited, 11 and with emerging payment ...