# ASC 360-954: Property, Plant, and Equipment — Health Care Entities

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/954/)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

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## ASC 360-954: Property, Plant, and Equipment — Health Care Entities

### Machine-generated study aids

```json
{
  "summary": "This industry subtopic addresses how health care entities present property that is held for investment purposes rather than used in operations. Its single substantive rule is that such property is reported as part of investments (360-954-45-1), not within operating property, plant, and equipment. Its scope follows the health care entities Overall Subtopic scope in Section 954-10-15.",
  "key_points": [
    "The Subtopic provides guidance on presentation of property held for investment purposes by health care entities (360-954-05-1).",
    "Scope is the same as the health care entities Overall Subtopic, Section 954-10-15 (360-954-15-1).",
    "Property held for investment purposes shall be presented as part of investments (360-954-45-1).",
    "By implication, only property used in operations remains classified within property, plant, and equipment on the health care entity's balance sheet."
  ],
  "categories": [
    "Presentation",
    "Industry-specific",
    "Inventory and PP&E",
    "Financial statement presentation"
  ],
  "audience_level": "intermediate",
  "student_note": "A short but testable classification rule: for health care entities, investment property is reported in the investments caption, not in PP&E. The common mistake is assuming all real estate a hospital or health system owns belongs in property, plant, and equipment — purpose of holding, not asset type, drives the presentation.",
  "related_topics": [
    "954-10",
    "954-360",
    "360-10",
    "954-210",
    "954-320"
  ],
  "key_concepts": [
    "property held for investment",
    "balance sheet classification",
    "health care entities",
    "property, plant, and equipment",
    "investments presentation",
    "industry-specific guidance"
  ]
}
```

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## ASC 360-954-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/360/954/#05-overview-and-background)

SEC content: no

##### [360-954-05-1](https://asc.understandingaccounting.org/asc/360/954/#360-954-05-1)

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This Subtopic provides guidance on the presentation of property held for investment purposes for health care entities within the scope of this Topic.

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## ASC 360-954-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/360/954/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [360-954-15-1](https://asc.understandingaccounting.org/asc/360/954/#360-954-15-1)

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This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 954-10-15.

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## ASC 360-954-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/360/954/#45-other-presentation-matters)

SEC content: no

##### [360-954-45-1](https://asc.understandingaccounting.org/asc/360/954/#360-954-45-1)

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Property held for investment purposes shall be presented as part of investments.