NEWS
BYTES
January 2001
Editor:
Scott Gottlieb, CPA
Assistant editor: Susan A. Maffetone, CPA
New
SBA standard could add nearly 5,000 to ranks of
small health care advisors
The
U.S. Small Business Administration (SBA)
has increased its size standard for health care providers, substantially
expanding the number of businesses that can qualify as "small"
for government programs and services
$25 million size standard for hospitals and kidney dialysis
centers;
$10 million for nursing care facilities, medical laboratories
and home health care services;
$7.5 million for outpatient care facilities and offices and
clinics operated by physicians.
The
other sectors including offices and clinics operated by dentists,
chiropractors, optometrists, podiatrists, and other health care
practitioners will continue to operate under a size standard
of $5 million.
The formal notice on this final rule appeared in the Federal
Register on November 17, 2000 (65 FR 29523), and the size standards
take effect on December 18, 2000. A full listing of SBA’s size
standards is available at http://www.sba.gov/size/NAICS-cover-page.htm.
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