Hospital Corporation of America and Subsidiaries - Page 7

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               All of the property items in issue (disputed property items)           
          were installed in hospitals constructed for petitioners pursuant            
          to contracts with general construction contractors during taxable           
          years ended 1985, 1986, 1987, and 1988.  The parties have agreed            
          as to the proper categorization and the total construction cost             
          of each facility, the cost bases of the particular disputed                 
          property items,4 and the dates on which each of the facilities              
          (and the property items located therein) were placed in service.            
          The parties have agreed to procedures to be followed to implement           
          our decision once we decide the appropriate recovery classes (or            
          recovery periods) for the disputed property items.                          
               The parties have designated one facility to serve as a                 
          "representative facility" for each of the 10 different categories           
          of hospital facilities.  The parties agree, however, that the               
          property items in petitioners' hospital facilities are identical            
          to each other in all material respects (i.e., manner of                     








          4   For convenience, the parties have assigned various property             
          unit numbers to the disputed property items.  The parties defined           
          and identified property units to include all functionally or                
          structurally related items.  Property units are categorized as              
          either item property units or group or system property units.               
          From time to time we refer to the disputed property items by                
          their assigned property unit numbers.                                       




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Last modified: May 25, 2011