Issue link: https://beckershealthcare.uberflip.com/i/1172132
85 HEALTHCARE NEWS New Service Lines = Increased Revenue Do your homework to ensure you'll be profitable. What new service line is right for your ASC and medical staff? Is it economically feasible? Does it fit your market? How will additions impact your managed care and hospital relations? It takes the right insight, financial modeling, advance planning, team training and implementation to get the greatest ROI. We do that and more. Generating new revenue to boost profits. It's what we do. Robert J Zasa RZasa@asd-asc.com 626.840.4248 Trump considers payroll tax cut — what it could mean for healthcare By Emily Rappleye T he White House is considering a payroll tax cut, President Donald Trump confirmed Aug. 20, accord- ing to The Washington Post. The president's confirmation comes after the White House disputed that it was considering a payroll tax cut, the Post reported Aug. 19. The tax would help jump-start a slowing economy by giving low- and middle-income Americans more spending power. However, payroll taxes do help fund Medicare. A cut could significantly handicap that program, which is just seven years away from running dry, depending on how the tax is designed. A payroll tax cut of two percentage points in 2011-12 reduced taxes by more than $100 billion each year, according to The Washington Post. During those years, the Obama administration redirected revenue to Social Security programs and the federal deficit took the hit, according to the report. n Health insurance becoming unaffordable for employees, too By Morgan Haefner W hile employees oen only pay a fraction of what their employers do for health insurance, out-of-pocket costs for workers are rising, according to CNBC. Four things to know: 1. A recent analysis from the Kaiser Family Foundation found the average family of four paid $7,726 in premiums and cost-sharing payments in 2018. at's up 67 percent from 10 years ago. 2. In comparison, employers spent an average $15,159 per family of four on premiums last year, up 51 percent from a decade ago. 3. For employees, the cost of coverage has outpaced wage growth. Wages have gone up 26 percent over the past 10 years, according to the report. 4. In addition, deductibles now reflect more than half of workers' out-of-pocket spending. In 2008, deductibles accounted for 26 percent of workers' out-of-pocket spending. n