State owes 2 Ill. hospitals $76M due to lengthening budget impasse

The state of Illinois owes Springfield’s two largest hospitals a combined $76 million for services rendered to state workers, a number that continues to escalate as the state’s budget remains unresolved, reports The State Journal-Register

Advertisement

The state owes Memorial Medical Center $46.3 million from the state employees’ group health insurance program in addition to $10.9 million in Medicaid bills, according to the Journal-Register. Illinois owes St. John’s Hospital $30 million under the state’s employee insurance plan.

Memorial Medical Center CEO Edgar Curtis has assured the hospital does not have plans to cut jobs or freeze hiring despite the continuing budget impasse, according to the article.

More articles on revenue cycle management issues: 

Cumberland Consulting launches performance improvement, revenue cycle arm
Norton Healthcare gives coders new opportunities at IU Southeast
The untapped potential for value-based care in Medicare Advantage: Q&A with Deloitte’s Brian Flanigan

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.