AHCA Applauds Repeal of Burdensome Tax Policy

[LTCCareer.com]

Passage of 3% withholding tax repeal will allow skilled nursing care centers to devote more resources to patients

Claire Navaro
[phone]

Washington, DC – As skilled nursing facilities continue to grapple with rounds of reductions to Medicare and Medicaid, the profession is encouraged to see recent Congressional action that devotes funding to resources to help care for America’s seniors and individuals with disabilities, instead of being withheld by the government. Today, Congress approved the repeal of the three percent withholding tax mandate to allow businesses, including skilled nursing facilities, to utilize all payments on products and services made by government units.  

 

“The repeal of this burdensome tax policy is a victory for patients and providers alike, who require timely products and services in order to ensure high quality care in America’s skilled nursing facilities,” said Governor Mark Parkinson, President & CEO of AHCA.   FULL ARTICLE