Hospital cuts total $510M, FHA says
The Legislature's decision to cut Medicaid rates to hospitals by 12 percent will result in a total loss of $510 million, according to an analysis by Florida Hospital Association.
With a $72-million anticipated loss, the hardest-hit is Jackson Memorial Hospital in Miami, which is already in bad financial straits. Altogether, Dade County hospitals stand to lose $125 million, FHA says.
Broward County's hospitals face a total loss of $48 million; Orange County, $49 million; and Hillsborough County, $41 million.
Total hospital losses for Duval County: $32 million; Alachua and Palm Beach counties, $27 million each; and Pinellas, $22 million.
To see the estimated loss for each hospital in the state, look here.