We achieved a savings of over $31K for one of our client’s hospitals the first year we filed their business personal property return.
Saving $374,800 in Property Tax for Behavioral Health Facility
January 21, 2026
BPP Return Nets $31,000 Savings
Executive Summary
In 2018, PVS took over the personal property tax compliance responsibilities for a Missouri hospital in a nationwide health care chain. In reviewing the prior year filing for the facility, PVS identified intangible and non-taxable components of equipment that could be removed from the taxable basis of the assets.
Challenges
To identify assets with intangible components for the value adjustment, PVS had to review and classify an asset list with over 8,700 line items and compare it to our in-house database of high
technology medical equipment.
How PVS Helped
PVS prepared business personal property tax returns with value adjustments for intangible and
non-taxable components within the equipment toreduce their taxable liability.
Results
PVS was able to secure over $31,000 in business personal property tax savings for the client.
