Florida's Jackson Memorial Hospital May Receive Up To $50M in Federal Assistance

Miami-based Jackson Health System expects to receive up to $50 million in federal assistance for Jackson Memorial Hospital in Miami, according to a Miami Herald report.

The hospital should receive $25 million to $50 million that was believed lost last week when Congress rejected a stimulus package.

The potential funding came unexpectedly when House Speaker Nancy Pelosi asked lawmakers to pass a $26 billion bill that includes expanded payments for facilities that treat underserved populations.

Read the Miami Herald report on Jackson Health System.

Read more on hospital finances:

-Moody Says FY 2011 Medicare Cuts Will Hurt Non-Profit Hospitals

-Making Hospital Bills More Patient Friendly

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