PubMed · 10249039
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J T Whitman. 1980. Meeting the challenges involves some risks.. https://pubmed.ncbi.nlm.nih.gov/10249039/
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The long wait is finally over for the not-for-profit hospital industry. After three years of intense scrutiny, the Internal Revenue Service has proposed rules for consolidating tax-exempt debt. For not-for-profits, this move means that merger refinancing can continue for many deals left on hold. IRS lawyer Bruce Serchuk (left) helped draft the new rules, which also provide a clear path to closure for mergers completed with acquisition financing.
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Nursing and residential homes have escaped the numerous reorganisations and initiatives introduced to the NHS in recent years. However, this month new legislation is introduced that will dramatically change the way care is delivered and inspected. This paper describes how the new Care Standards Act will affect the lives of staff and residents in care homes.