Trego County Facing Budget Shortfall At Hospital
Associated Press - Thu 09:29 AM 12/06/2012
Trego County commissioners are working to cover a cash shortfall at the county-owned hospital caused by a temporary reduction in Medicare reimbursements.
Trego County commissioners are working to cover a cash shortfall at the county-owned hospital caused by a temporary reduction in Medicare reimbursements.
The commissioners agreed to seek $1.8 million in no-fund warrants, which is similar to issuing general obligation bonds, for cash obligations at Trego County-Lemke Memorial Hospital. Trego County residents will have to repay the money, plus interest, during the next four years, through a special levy.
Hospital administrator Harold Courtois says the temporary drop in Medicare reimbursements over three months cost the hospital
about $600,000. The cash shortfall grew until the reimbursements were restored in November.
The decision requires a 60-day comment period, during which Trego County residents could gather petitions to put the request to
a vote.
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Associated Press information from: The Hays Daily News
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troy
Thursday 6 December 2012 21:02 Report this comment
All this from a temporary reduction in Medicare? What happens when ObamaCare guts Medicare for good?
IamMe
Friday 7 December 2012 01:38 Report this comment
Do not worry troy its all good for republicans in Kansas. Brownback will take care of you.
BDMcGee
Friday 7 December 2012 08:54 Report this comment
Hospitals like this one will shut down or be absorbed by hospitals like Hays Medical center and eventually all your care will come from the government.