Proposal to eliminate ASC tax outvoted in Connecticut State Senate

As Democrats in the Connecticut State Senate finalized a new two-year, $40.3 billion budget although Republicans tried to filibuster the budget as a stalling tactic.

Advertisement

Ultimately the budget passed 19-17, and Republicans were unable to eliminate a new 6 percent tax on ASCs, reports The Greenwich Time.

The first attempts to change the proposed budget package failed 82-60, which would have restored some funding to state hospitals as well as eliminate the ASC tax, according to the report.

The state budget will now go to Gov. Dannel P. Mallory for review.

More articles on transactions and valuation issues:
City fights against St. Elizabeth Hospital’s move to new facility, including ambulatory care center: 4 key points
4 recent eye center openings, acquisitions
Children’s Hospital in LA opens outpatient center in Encino — 10 things to know

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.