The hospital expects to receive approximately $2 million more per year in reimbursements for Medicare patients, which make up 44 percent of the 99-bed hospital’s business. Auburn Memorial plans to use the money for new equipment and other improvements, according to the report.
Auburn Memorial’s application to CMS for the special designation had to include proof that the hospital is either at least 30 miles away or a 45-minute drive from the nearest hospital.
Read the Post-Standard report on Auburn Memorial Hospital.
Related Articles on Auburn Memorial Hospital:
New York’s Auburn Memorial Hospital Names Frederick Kaempffe CMO
New York’s Auburn Memorial Hospital Considers 3 Syracuse Hospitals in Potential Partnership
10 Successful Hospital Turnarounds
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.
