Medicare reimbursement's role in hospital's finances
January 25, 2024
The Medicare reimbursement program for Critical Access Hospitals was a key topic at the Petersburg Medical Center Hospital Board and Petersburg Borough Assembly annual work session on Jan. 30.
PMC is a Critical Access Hospital (CAH) — the designation was created by Congress in the late 1990s to reduce the financial vulnerability of smaller hospitals in isolated rural communities.
Facilities that are recognized as critical access hospitals must meet certain qualifying criteria, and they get to participate in a beneficial Medicare reimbursement program where much of the cost of providing...