Hospital Authority of Albany-Dougherty County approves bond resolution, briefed on indigent care
The bonds, which had been through
Two 2008 bonds, totaling a
The 2010 bond had an outstanding debt balance of
About
The
Following approval of the resolution, some background was given on the
The trust fund was established in 1990 in
The federal DSH dollars are expected to go away as part of the health care reform. They were negotiated away with the expectation that
The result has been a gap in funding some hospitals have been unable to endure to the point they have had to close -- with rural areas the hardest hit.
"There is an average of 18 percent of people in
"There is pressure on hospitals all over the place."
Wernick compared the uncertainty to spreading Vaseline on eyeglasses.
"It is foggy in our industry, and it is real foggy under the gnat line," he said.
Dr.
"It is just business sense at this point," he said. "While there is no expansion in
Loudermilk said
The Authority also held its election of officers, with all the officers being re-elected.
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