New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 241 - DEDUCTION - GROSS RECEIPTS TAX - RECEIPTS OF HEALTH CARE PRACTITIONERS
Section 3.2.241.12 - RECEIPTS NOT DEDUCTIBLE UNDER SECTION 7-9-93 NMSA 1978
Current through Register Vol. 35, No. 18, September 24, 2024
Receipts of a health care practitioner other than from payments by a managed health care provider or health care insurer for commercial contract services or medicare part C services provided by the health care practitioner are not deductible under Section 7-9-93 NMSA 1978. Receipts of health care practitioners not deductible under Section 7-9-93 NMSA 1978 include:
A. receipts from any payment, such as a co-payment, that is the responsibility of the patient under the managed health care plan or health insurance;
B. receipts on a fee-for-service basis; "fee-for-service" means a traditional method of paying for health care services under which health care practitioners are paid for each service rendered, as opposed to paying in accordance with a schedule of fees in a contract the health care provider has entered into with a third party;
C. receipts from providing services to medicaid patients; and
D. receipts from selling tangible personal property such as nonprescription medicine that is not incidental to the provision of a deductible service.
