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Pardee Hospital faces $54 million hit from Medicare cuts and Medicaid gaps
Pardee Hospital CEO Jay Kirby warned at a Hendersonville Republican Men’s Club meeting that Medicare reductions, sequestration, and Medicaid expansion rejection could cost the 222‑bed facility about $54 million over 10 years. He noted the impact on jobs, urged cost cuts and revenue growth, and cited 2011 free care of $10.1 million while forecasting immediate financial strain starting March with $90,000 monthly sequestration losses.
MENTIONED IN THIS ARTICLE
Pardee Hospital
Henderson County
Republican Men’s Club
Hospital Board of Trustees
Pardee
Jay Kirby
Kirby
North Carolina Hospital Association
Political Club
Hospital Board
Congress
Bill Smith
Smith
Park Ridge
Park Or Mission
Tom Apodaca
Hendersonville