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17 ASC MANAGEMENT 28 Statistics on ASC Drug, Medical Supply Expenses By Laura Dyrda A SCs typically spend the most on staffing and supplies, which make up around half of expenses in the typical ASC, according to VMG Health's Multi-Specialty ASC Intellimarker 2017. Here are 28 statistics on ASC operating expenses for drug and medical supplies by region: All facilities • Percent of net revenue: 23 percent • Per square foot: $138 • Per OR: $491.90 • Per case: $456 Atlantic • Percent of net revenue: 24.8 percent • Per square foot: $119 • Per OR: $451.70 • Per case: $391 Midwest • Percent of net revenue: 21.7 percent • Per square foot: $132 • Per OR: $499.40 • Per case: $463 Mountain • Percent of net revenue: 26.3 percent • Per square foot: $117 • Per OR: $420.60 • Per case: $429 Northeast • Percent of net revenue: 22.2 percent • Per square foot: $138 • Per OR: $513.40 • Per case: $425 Pacific • Percent of net revenue: 22.5 percent • Per square foot: $177 • Per OR: $526.60 • Per case: $492 South • Percent of net revenue: 22.5 percent • Per square foot: $137 • Per OR: $497.10 • Per case: $486 n First Hill Surgery Center Adds TJR — 5 Insights By Eric Oliver S eattle-based First Hill Surgery Center began performing total hip, knee and shoulder joint replacement surgeries. Here's what you should know: 1. The surgery center accommodates sur- geons from The Polyclinic and from Swed- ish Medical Center, both based in Seattle. 2. The center can perform the operations in a minimally invasive fashion, reducing recovery time and allowing a patient to be discharged on the same day. 3. Surgery Center Executive Director Mi- chael McClain said in a release the center was designed for procedures like this. He said, "We have the space, the latest surgi- cal technology and an outstanding medi- cal team to get patients back on their feet without an unnecessary hospital stay." 4. The surgery center offers patients, physical therapist support after their surgery and to support them with their recovery. 5. First Hill Surgery Center is a joint ven- ture between The Polyclinic and Swedish. The 36,000-square-foot center has 12 operating rooms and 32 postoperative rooms.n Trump's Tax Reform Plan: 7 Key Notes By Leo Vartorella P resident Donald Trump unveiled his administration's tax reform proposal in late September, and as Congress transitions its atten- tion from healthcare legislation to tax reform, Becker's takes a look at the details of President Trump's plan. 1. Under the new framework, the number of tax brackets would be low- ered from seven to three: • 12 percent: up to $37,500 annual income for individuals, $75,000 for families • 25 percent: $37,501-$112,500 for individuals, $75,001-$225,000 for families • 35 percent: $112,500-plus for individuals, $225,000-plus for families 2. The corporate tax rate would be lowered from 35 percent to 20 percent. 3. Small and family-owned businesses would be taxed at a maximum of 25 percent, down from the previous cap of 34 percent. 4. To fund reduced tax rates, Republican leadership needs to find alternate sources of revenue. Plans such as repealing deductions for state and local taxes, repealing deductions for interest paid on business debt and limiting a repeal on interest deductions for corporations have received mixed sup- port from Republican senators, according to The Washington Post. 5. The plan would permanently repeal the 40 percent estate tax, which is currently imposed if the gross assets of the deceased exceed $5.45 mil- lion, according to The Washington Post. 6. The plan doubles the standard deduction for all groups but would eliminate itemized deductions except for those on charitable contribu- tions and mortgage interest, according to The Balance. 7. Personal exemptions would be eliminated under the plan, meaning taxpayers would no longer reduce income for each person claimed on their tax return. n

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