Virginia hospitals crying for more Medicaid

Kenric Ward
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Mar 19, 2014 5:00 AM
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Virginia hospitals crying for more Medicaid

FREDERICKSBURG, Va. — Virginia hospitals are behaving like hypochondriacs jonzing for a stronger Medicaid fix.

While warning of financial doom if the state fails to expand the indigent-care system, hospitals’ revenue and hefty six-figure executive compensation packages point to healthy bottom lines.

The 2013 Virginia Health Information report shows solid operating margins at a majority of hospitals. For example: