The Milwaukee Journal reported on June 6 that legislators have included provisions in the state budget that would increase the tax imposed on hospital revenues and extend the tax to ambulatory surgical centers. The move is made in response to the historic $6.6 billion budget deficit, reportedly made worse last month by an additional $1.6 billion shortfall in tax collections. Both the current and proposed tax will help bring in addtional federal healthcare funds to the state, allowing more state health program funds to flow to hospitals and ambulatory surgical centers. Read the full article here.
Jun 09 2009