Kansas community hospital clears hurdle to get sales tax help

A joint committee has recommended a sales tax to help Hiawatha (Kan.) Community Hospital, according to a Hiawatha World report.

Advertisement

The committee, which includes representatives of the city of Hiawatha, the city of Horton, Brown County and the hospital board, voted March 4 to approve the hospital’s proposal for a half-cent countywide sales tax for 10 years.

The hospital also is requesting a $2 million bond to help it meet short-term cash needs, said John Broberg, interim CEO of the hospital.

He told Becker’s the sales tax will be used to pay off the bond, and the remaining sales tax money would go to the hospital to help with operations. 

County officials still must OK the hospital’s proposal, and registered voters would need to approve the sales tax initiative in a special election.

 

More articles on healthcare finance: 

Genesis HealthCare posts $6.9M net loss for 2018
Colorado hospital ‘bed tax’ is legal, court rules
RCM tip of the day: 3 strategies for building a patient-financing program

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.