Hospital approves rate increase
by Jake Lowary --
Nov 23, 2005 | 0 0 comments | 2 2 recommendations | email to a friend | print
To help offset the loss of $9,000 in the month of October and $58,000 in 2005, Trigg County Hospital will raise rates by 5 percent and ask self-paying customers to pay up front, moves board members approved unanimously last Thursday.

The rate increase was recommended by Quorum Health Resources’ Herb Winters, who said the rate has not been adjusted in some time and is not comparable to other health facilities in the area. He said Trigg County is well below the standard fees that other hospitals charge, such as Caldwell County Hospital and Jennie Stuart Medical Center.

The increase will raise service rates by an average of 5 percent.

Winters also outlined the financial activities for board members, who enjoyed hearing the hospital profited in August and September. In October the hospital lost $9,683, according to figures released by QHR officials.

For the rest of this story, please see this week's edition of The Cadiz Record.
Click for Cadiz, Kentucky Forecast
Sponsored By:
Beaus Blog Logo
Read Beau's Daily Analysis