Advocates told Becker’s ASC Review that the restructuring of the bill from a gross receipts tax to a sales tax would provide tax relief for ASCs, something they feel is needed in the state.
The bill unanimously was passed by the Senate’s finance committee and is awaiting a vote from the Connecticut Senate.
Lisa Winkler, executive director Connecticut Association of Ambulatory Surgery Centers, spoke to Becker’s ASC Review on how the proposed tax will affect ASCs:
Lisa Winkler: We’ve continued to work on ASC tax relief with key members of the House and Senate since passing the Medicaid and Medicare exemption. The proposal recognizes the value proposition of ASCs for all Connecticut residents and seeks to provide relief by restructuring the tax. At the same time, the bill seeks to expand access to the Medicaid population, providing savings to the state of Connecticut.
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.