Rick's Blog

HCA stands to make $71 million from Scott LIP funding and Medicaid plan

money1
According to the plan on new LIP funding and Medicaid rates developed by the Gov. Rick Scott’s administration, HCA, his former for-profit health care company that runs 46 hospitals in the state, will make $71.8 million.

Only one HCA hospital faces a reduction: Gulf Coast Medical Center -$1,166,982.  The 31 hospitals that would receive funds under the proposed Agency for Health Care Administration plan have combined profits of $480.8 million.

Under the current LIP funding plan, only nine of HCA’s hospitals received LIP funding – total $14.7 million for FY 2014-15. The majority of which went to Citrus Memorial($7.8 million) and Orange Park Medical ($4.7 million).

 

Hospital Total Payment Change Overall Profit
Aventura Hospital & Medical Center $4,770,219 $48,121,945
Blake Medical Center $166,938 $12,594,727
Brandon Regional Hospital $2,050,735 $54,385,899
Capital Regional Medical Center $3,189,852 $11,406,467
Central Florida Regional Hospital $2,974,394 $3,034,332
Citrus Memorial Hospital $220,060 -$19,632,455
Doctors Hospital of Sarasota $405,042 $3,801,403
Englewood Community Hospital $281,165 -$682,879
Fawcett Memorial Hospital $1,475,643 $2,048,876
Fort Walton Beach Medical Center $3,552,972 $42,587,957
Gulf Coast Medical Center -$1,166,982 $27,634,580
JFK Medical Center $- $-
Kendall Regional Medical Center $5,402,263 $50,437,413
Lake City Medical Center $550,942 $3,544,221
Largo Medical Center $1,563,046 $16,781,245
Largo Medical Center Indian Rocks Rd Campus $- $-
Lawnwood Regional Medical Center $- $-
Medical Center of Trinity $3,196,071 -$12,025,449
Medical Center of Trinity West Pasco Campus $- $-
Memorial Hospital of Jacksonville $6,607,286 $31,601,021
Memorial Hospital of Tampa $563,760 $6,462,286
Mercy Hospital – Miami $- $-
North Florida Regional Medical Center $4,824,578 $65,052,437
Northside Hospital $- $-
Northwest Medical Center $644,681 -$1,672,635
Oak Hill Hospital $1,807,530 $19,951,452
Ocala Regional Medical Center $2,035,557 $19,238,770
Orange Park Medical Center $5,425,441 $21,505,241
Osceola Regional Medical Center $3,244,433 $19,574,922
Palms of Pasadena Hospital $- $-
Palms West Hospital $- $-
Plantation General Hospital $7,215,704 -$14,331,619
Poinciana Medical Center $- $-
Raulerson Hospital $- $-
Regional Medical Center Bayonet Point $3,240,067 $23,092,614
South Bay Hospital $- $-
Specialty Hospital of Jacksonville $- $-
St. Lucie Medical Center $- $-
St. Petersburg General Hospital $160,369 $4,986,715
Tampa Community Hospital $278,638 -$5,283,722
Twin Cities Hospital $229,106 $3,176,220
University Hospital & Medical Center $1,457,308 $5,627,527
West Florida Hospital $3,628,818 $11,172,501
West Marion Community Hospital $- $-
West Palm Hospital $- $-
Westside Regional Medical Center $1,851,889 $26,631,139
$71,847,525 $480,823,151

 

Exit mobile version