The Centers for Medicare and Medicaid Services designated Auburn (N.Y.) Memorial Hospital as a "sole community hospital," which will provide the hospital with higher reimbursement rates for Medicare patients, according to a Post-Standard report.
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.
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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