Arizona hospital loses Medicare funding

The federal government terminated its Medicare contract with Douglas, Ariz.-based Cochise Regional Hospital on July 10, according to an Arizona Daily Starreport.

The 25-bed hospital lost its Medicare funding due to concerns over patient care, according to the report. CRH failed to comply with federal regulations during four surveys conducted between Feb. 19, 2014 and March 26, 2015.

The hospital has appealed the matter and is seeking a temporary restraining order in federal court. CRH claims that without Medicare payments the facility will "effectively shut down," according to the report.

More articles on healthcare finance:

Prime Healthcare to issue $700M in new debt
Orlando Health operating income jumps 151%
12 recent hospital outlook and rating actions

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars