Category: ASC News

The average physician pays $12,952 a year in state taxes, but in nine states, physicians can avoid paying any state income taxes, according to data updated in 2023 from AARP. 

Vermont has been named the top state in the U.S. to live and work in for 2023, according to a July 14 report from CNBC.

Four physicians joined Becker’s to discuss the healthcare trends, from telehealth to private equity, they are following right now. 

What’s the biggest threat facing ASCs today? The short answer: “Reimbursements are not keeping pace with the rising administrative costs in ASCs,” John Stewart, CEO and founder of Melbourne, Fla.-based Total Spine & Orthopedics, told Becker’s.

Joe Peluso, administrator at Aestique Surgical Center in Greensburg, Pa., joined Becker’s to discuss what he is worried about in healthcare in the next 10 years, including declining reimbursement and prescription prices. 

About 70 percent of physicians received tax breaks from charitable contributions in 2022, up from 54 percent the year prior, according to Medscape’s 2023 “Physicians and Taxes” report.

The average physician spent $83,620 on federal taxes in 2022, and an additional $12,952 on state taxes, according to Medscape’s 2023 “Physicians and Taxes” report, which surveyed over 1,200 physicians across 29 specialties. 

As the popularity of surgical robots continues to grow across all medical specialties, there are key factors that ASCs have to consider when determining if the investment is worth it for their practice. 

The ASC at Bonati Spine Institute, based in Hudson, Fla., can resume surgeries after reaching a July 7 agreement entailing a correction plan and a $50,000 fine, ABC affiliate WFTS reported July 12.

Alaska is the state with the worst economy for residents, according to a July 13 ranking from CNBC.