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Health Care Entities—Business Combinations Overview and Background General

954-805-05-1 This Subtopic provides guidance on a transaction or other event in which a not-for-profit, business-oriented health care entity (see Section 954-10- 05) that is the reporting entity combines with one or more other not-for-profit entities (NFPs), businesses, or nonprofit activities in a transaction that meets the definition of a merger of not-for-profit entities or an acquisition by a not- for-profit entity.

Objectives General

954-805-10-1 The objective of this Subtopic, in combination with the guidance in Subtopic 958-805, is to improve the relevance, representational faithfulness, and comparability of the information that a not-for-profit, business-oriented health care entity provides in its financial reports about a combination with one or more other not-for-profit entities (NFPs), businesses, or nonprofit activities. [FAS 164, paragraph 1, sequence 1.1]

Scope and Scope Exceptions General

  • >

    Overall Guidance

954-805-15-1 This Subtopic follows the same scope and scope exceptions as the Overall Subtopic, see Section 954-10-15, with the following exceptions noted below.

  • >

    Entities

954-805-15-2 The guidance in this Subtopic applies only to not-for-profit, business-oriented health care entities (see Section 954-10-05).

  • >

    Transactions

954-805-15-3 The guidance in this Subtopic applies to a transaction or other event that meets the definition of either of the following: [FAS 164, paragraph 2, sequence 2.1]

  • a.

    A merger of not-for-profit entities [FAS 164, paragraph 2, sequence

      • 2.1.1

        ]

  • b.

    An acquisition by a not-for-profit entity. [FAS 164, paragraph 2, sequence 2.1.2]

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