Downsizing Martin Luther King hospital and Medicare reimbursement policies now creates a surplus? The saga continues with this facility....BD
County health officials said the county Department of Health Services will see a surplus of about $120 million because of changes in federal reimbursement for Medicare and savings from downsizing services at Martin Luther King Jr.-Harbor Hospital.
Health officials previously projected a budget shortfall (Leonard/Rosenblatt, Los Angeles Times, 6/19).
The Los Angeles County Board of Supervisors on Monday approved a $21.8 billion budget for fiscal year 2007-2008, including $190 million for medical facilities, the AP/San Jose Mercury News reports.
Los Angeles County Sees Surplus in Health Budget - California Healthline
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