Greenville hospital saves $7 million with Medicaid extension - KNOE 8 News; KNOE-TV; |

Greenville hospital saves $7 million with Medicaid extension

Posted: Updated:
MGN Online MGN Online

GREENVILLE, Miss. (KNOE 8 News/AP) - The Mississippi Legislature's decision to extend Medicaid will save Delta Regional Medical Center in Greenville about $7 million.

When federal reductions hit starting Oct. 1, the Greenville hospital is anticipating a revenue loss of more than $3.9 million.

He says the hospitals must account for funds lost to the across-the-board federal budget reductions known as the sequester.

He says there also will reductions in Medicare reimbursements and payments hospitals get for uncompensated care to those unable to pay.

Harvey says the hospital will have to balance the reductions in revenue with equal reductions to expenses.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.