Hospital approves rate hike

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News

January 25, 2018 - 12:00 AM

A 4 percent rate increase on all clinic and hospital services was approved at Tuesday’s meeting of Allen County Regional Hospital trustees.

The increase includes its clinics in Iola, Humboldt and Moran. It took effect Jan. 1.

Hospital administrators said several changes had been made to its services in the past year or so, which made the 2018 budget more challenging.

Rate increases do not have much impact overall, Larry Peterson, ACRH chief financial officer said, because most services are paid by insurance companies that have pre-determined pricing schedules or from Medicare reimbursements through the government.

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