A few reasons a business might want to take advantage of tax incentives.

*Save money - Tax incentives like credits, deductions, and exemptions can reduce a company's overall tax burden and help improve cash flow. This extra money could be invested back into the business

*Encourage certain activities - Some tax incentives are designed to encourage specific business behaviors like investing in new equipment, hiring more employees, performing research and development, or operating in certain locations that need economic growth.

*Level the playing field - Tax breaks can help level the playing field for certain small or disadvantaged businesses that policymakers want to assist. This helps them better compete.

*Attract investment - Tax incentives may make a jurisdiction more appealing for businesses to locate to. Things like tax credits, grants, and subsidies can offset costs and boost ROI.

*Create jobs - Hiring credits and payroll tax reductions can incentivize business expansion and job creation in a particular area. This provides employment opportunities.

*Reduce risk - Credits and deductions help companies lower their tax liability, which reduces potential losses and can encourage taking on riskier ventures or investments.

So in summary, the main goals of business tax incentives tend to be spurring economic growth, creating jobs, and allowing companies to be more competitive. The savings and benefits ultimately allow businesses to reinvest in themselves.

 

The AHA is extremely pleased that hospitals will finally be paid back what they deserve.

 

Access Discount Healthcare Underpayment requirement for Hospitals, Urgent Cares and Large Primary Care: 

This service is for Hospitals, Urgent Cares and Large Primary Care (minimum $2M annual in payer revenue with their top 3 payers)

Larry G. Potter

Growth Management Group, LLC

15173 North Rd - Suite 201

Fenton, MI 48430                                                                                 

Lgpotter33@gmail.com

1 (847) 872-4047

Alzheimer’s Treatment Leqembi Gets Full FDA Approval

 

The U.S. Food and Drug Administration (FDA) has granted, for the first time, full, traditional approval for an Alzheimer’s medication that is designed to do more than treat the symptoms of the memory-robbing disease. 

The drug, lecanemab (brand name Leqembi), was shown in clinical trials to help slow the progression of , which affects more than 6.5 million older Americans and for which there is no cure.

Hospitals with Health Equity Factors Face Value-Based Penalties

 

Some hospitals with more medically complex patients, uncompensated care, and patients who live alone are more likely to receive a penalty under CMS value-based payment programs, according to a new study calling for change to the programs.

Larger hospitals, major teaching hospitals, and some hospital groups with higher disproportionate share hospital (DSH) percentages were more likely to be penalized in fiscal year (FY) 2015 and FY 2021, according to an analysis. This was especially true in the Hospital VBP Program.

Hospitals with the highest relative portion of uncompensated care cost were somewhat more likely to receive penalties.

Another very big problem hospitals struggle with are underpayments by insurers. GMG has the software (not for sale) to recoup these millions of dollars!

Access Discount Healthcare Underpayment Recovery for Hospitals, Urgent Cares and Large Primary Care shown program is now active (see sample from just 4 of the 712+ facilities that have enrolled.)

Email me for details:

Larry G. Potter

Lgpotter33@gmail.com

More healthcare surgical procedures are moving to the outpatient setting.

 Physicians often take surgical cases to hospitals, which drives up the overall cost of healthcare. By providing the surgeons an efficient, expedient service, they can better serve their patient populations and reduce the cost of healthcare industrywide. 

The interesting part about that is that hospitals typically get paid a lot more for the same surgeries than ambulatory surgery centers do, and because of that, the operating margin at a surgery center is usually a lot less.

Help is here now with Access Discount Healthcare Underpayment program.

This service is for Hospitals, Urgent Cares and Large Primary Care (minimum $2M annual in payer revenue with their top 3 payers)

Larry G. Potter

Lgpotter33@gmail.com

A top challenge for the hospital industry.

 As healthcare has become digitized over the last five decades, a top challenge for the industry has been figuring out how to make patient data interoperable—i.e., making it possible to share patient information easily between different doctors and computer systems to improve care and reduce unnecessary spending.

The industry has made “huge progress” in the last decade, but, there are still tremendous inefficiencies when sharing information across the different facets of healthcare, making interoperability a very important topic along with underpayment to U.S. hospitals by their insurers!!

Just look at this example of savings for various size facilities here in the United States:

Larry Potter

Lgpotter33@gmail.com

Hospitals On A Roller Coaster Ride Down??

The healthcare industry has seen its fair share of upheaval in the last few years, with the Covid-19 pandemic prompting a push toward virtual care, an increase in unionization, and a greater emphasis on health equity.

Over the last three years, everybody’s world changed in healthcare and it’s safe to say the system is under a lot of pressure.

Help is here now with Access Discount Healthcare Underpayment program,

This service is for Hospitals, Urgent Cares and Large Primary Care (minimum $2M annual in payer revenue with their top 3 payers)

Sample from four of the 712 facilities that have signed up for this service. 

Email or message me at Lgpotter33@gmail.com