Should the revenue and expenses associated with these agreements and ventures be included from reported revenues and expenses in the Phase 3 application?

Hospitals and health care systems may have joint ventures, such as a hospital or health system that owns a portion of an ambulatory surgery center, in which the hospital or health care system provides services.

No. The associated revenues and expenses that are associated with joint ventures with other health care entities should not be included in the hospital or health care system’s application for Phase 3 funds.