GMH to receive millions in Medicare and Medicaid reimbursements - KUAM.com-KUAM News: On Air. Online. On Demand.

GMH to receive millions in Medicare and Medicaid reimbursements

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It's a huge windfall for the Guam Memorial Hospital.

The hospital will receive millions of dollars in additional Medicare and Medicaid reimbursements.

The administration announced that the Centers for Medicare and Medicaid have finally approved GMH’s request to adjust its base rate.

The administration learned this about a month ago, right at the beginning of their term. And now, the money is in the bank.

"I think it means that we can pay down our payables to buy supplies," Gov. Lou Leon Guerrero said. "It's added revenues for the operations of our hospital." 

In a news conference, Lou Leon Guerrero said the rebase amount was increased from $5,100 per hospital discharge to $9,500. That will mean an additional $6 million a year for GMH.

"This is the rate Medicare will reimburse the hospital per patient per discharge collectively for the year," Lillian Posadas, GMH administrator said.

The rate has not been adjusted since 1998. The new rate is effective starting in 2013, and  GMH has just received some $6 million in back payments for fiscal years 2014 through 2016.

 
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This news comes as hospital administrators held their final meeting with CMS surveyors Thursday morning. The visit was to address a list of deficiencies listed in a previous report.

Officials say the citations this time around are less but they are unable to disclose more until the report is published.

"From the previous year they cited us for seven conditions, but it dropped down," Posadas said. "They were very pleased because they see the hospital has made great strides to improve process and the care that we provide."

Though the citations this time around are less, GMH is unable to disclose more until the report is published.

 
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