Bay Med lease keeps charity care [The News Herald, Panama City, Fla.]
| By Felicia Kitzmiller, The News Herald, Panama City, Fla. | |
| McClatchy-Tribune Information Services |
The joint venture partners have agreed to adopt
Outgoing board chairman
"We exist to provide for the needy. ... That's the reason why most of us board members are on the board," Skinner said. "The board of trustees has worked very hard to get in this agreement what we wanted in it."
The hospital's uncompensated care policy states treatment or admission of patients will not be denied or deferred solely due to financial considerations.
"That is absolutely not going to change," Sacred Heart President and CEO
Kaiser pointed to Sacred Heart's history and mission statement, which says, "We commit ourselves to serving all persons with special attention to those who are poor and vulnerable," as evidence of the organization's commitment to charity care.
Lower threshold
The lease document, however, holds the joint venture partners to a lower threshold for community care than it currently performs.
The lease demands the joint venture operate
The lease goes on to say the joint venture initially will adopt
Officials have said that clause is necessary as federal and state guidelines can change over the potentially 60-year term of the lease.
"There is no specific level of charity care listed in the lease agreement, just as there is no specific level currently, because the level of charity care provided changes every year based on community need,"
Though the
"There is no specific level of indigent care required for federal tax exemption,"
A study started by the
"Both the community benefit and reasonable compensation standards have proved difficult for the
At the time of the study, the national average of uncompensated care as a percent of total revenues is about 7 percent. In fiscal year 2010-11,
Across its local network that includes three hospitals totaling about 543 beds,
"The amount of charity care Sacred Heart has provided for the first six months of the current fiscal year is even higher than last year," Sacred Heart spokesman
Devotion to charity care has partially fueled Bay Medical's desire to become part of a network. The faltering economy has left
The cost of charity care could be more than absorbed by making
LHP and Sacred Heart administrators have made several verbal commitments to assure the community and hospital officials they are also committed to maintaining community care.
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(c)2011 The News Herald (Panama City, Fla.)
Visit The News Herald (Panama City, Fla.) at www.newsherald.com
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Star Tribune, Minneapolis, Dennis Anderson column [Star Tribune, Minneapolis]
No. 1: Lease proposed for Bay Medical [The News Herald, Panama City, Fla.]
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