Page 2 - Darryl Wolfe News Today

$24 million lost through November for year

Commissioners also hear community paramedicine update

The second-highest administrator at the Centers for Medicare & Medicaid Services got a first-hand look at the challenges facing rural hospital districts when he visited Olympic Medical Center in Port Angeles.

Older population more dependent on Medicare, Medicaid

PORT ANGELES — The Olympic Medical Center board of commissioners has unanimously approved a $269 million 2024 operating budget that anticipated $268 million in revenue and income, leaving a net income loss of $754,720.

State program adding an estimated $9M to next year’s budget

Most of hospital’s revenue comes from Medicare, Medicaid programs

Representatives of Olympic Medical Center discussed the hospital’s finances, presented a plan for recovery and answered questions from the public last week at forums conducted in Sequim and Port Angeles.

Government reimbursement among hospital’s challenges, officials say

Agency gets distressed hospital grant