Maryland Proposes Steep Licensing Fee Increase for Surgery Centers
The proposed amendment would increase the licensing fee from $700 every three years to $4,000 every three years. According to the Maryland Ambulatory Surgery Association, the fee could adversely affect the state's surgery centers, many of which are small businesses running on tight budgets.
"ASCs in Maryland deliver safe, high-quality surgical care to the residents of our state at substantially lower costs to the state and patients as compared to hospitals," said MASA President Andrea Hyatt. "The proposed fee increase will represent a large increase in expenses for ASCs and will reduce their ability to keep costs down for patients."
MASA is drafting written comments to the proposed rule. Comments on the rule will be accepted through Aug. 27.
Learn more about ASCA.
Related Articles on Transactions & Valuation:
Physician Investor Group to Renovate Arizona Plaza Into Office Building, Surgery Space
Twin Cities Orthopedics Launches New Surgical Program With On-Site Rehabilitation
Center for Advanced Eye Care Opens Expanded Building
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.