Medicare to settle hospital reimbursement dispute
Thursday, April 12, 2012 - 23:30
in Mathematics & Economics
The agreement to resolve a mathematical error resulting from changes imposed in 1998 could bring $3 billion to hospitals nationwide, including more than 200 in California.Medicare agreed to settle a dispute with about 2,200 hospitals nationwide over a decade-long error in reimbursement rates, offering what could amount to a $3-billion infusion to hospitals already bracing for funding cuts under the federal healthcare law.