Sections

Weather Forecast

Close
Advertisement

Rice Hospital in Willmar, Minn., begins planning for impact of declining reimbursement

Email

WILLMAR -- Rice Memorial Hospital leaders asked themselves last year: What will happen when health care reimbursement tightens further and commercial insurers potentially reduce their payments to a level similar to Medicare?

To begin answering the question, they developed a model that predicts the financial impact.

It will be significant -- as much as $19 million to $20 million, based on the city-owned hospital's revenue and expenses for 2011.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Anne Polta

Anne Polta covers health care, business/economic development and general assignment. Her HealthBeat blog can be found at http://healthbeat.areavoices.com. Follow her on Twitter at @AnnePolta.

(320) 235-1150
Advertisement
Advertisement
randomness