University of Maryland St. Joseph Medical Center in Towson has received a new Medicare provider agreement after operating without one for about three months, according to a Baltimore Sun report.
When Baltimore-based University of Maryland Medical System acquired the hospital from Englewood, Colo.-based Catholic Health Initiatives on Dec. 1, it applied for a new Medicare provider certification.
But St. Joseph Medical Center failed a recertification inspection by CMS in early December and could not participate in the Medicare program until a follow-up survey was conducted in February, according to the report.
Federal officials say St. Joseph is not entitled to any reimbursements from the 12 weeks it didn't have a provider agreement. For each day the hospital treated Medicare patients in that time frame, it lost roughly $400,000, according to the report. If St. Joseph doesn't receive retroactive reimbursement, it would lose about $33 million.
Hospital officials plan to discuss the matter with CMS further, according to the report. St. Joseph officials believe they are entitled to reimbursement as of Dec. 14, which is when they submitted a plan to federal officials correcting problems at the hospital.
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When Baltimore-based University of Maryland Medical System acquired the hospital from Englewood, Colo.-based Catholic Health Initiatives on Dec. 1, it applied for a new Medicare provider certification.
But St. Joseph Medical Center failed a recertification inspection by CMS in early December and could not participate in the Medicare program until a follow-up survey was conducted in February, according to the report.
Federal officials say St. Joseph is not entitled to any reimbursements from the 12 weeks it didn't have a provider agreement. For each day the hospital treated Medicare patients in that time frame, it lost roughly $400,000, according to the report. If St. Joseph doesn't receive retroactive reimbursement, it would lose about $33 million.
Hospital officials plan to discuss the matter with CMS further, according to the report. St. Joseph officials believe they are entitled to reimbursement as of Dec. 14, which is when they submitted a plan to federal officials correcting problems at the hospital.
More Articles on St. Joseph Medical Center:
University of Maryland St. Joseph Losing Millions Without Medicare CertificationCatholic Health Initiatives to Pay $4.9M to Settle False Claims Allegations
University of Maryland Medical System Completes Agreement With CHI to Purchase Assets of St. Joseph Medical Center