Medicare repayments won’t impact hospital services, but will hurt bottom lines

October 26, 2014 6:21 PM

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Executives at Vermont hospitals faced with paying back hundreds of thousands of dollars, and in some cases millions, to Medicare say the repayments weaken their financial positions, but won’t have a direct impact on patient services.

The Vermont Association for Hospitals and Health Systems estimates the total impact on 10 Vermont hospitals at $12 million to $14 million.

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