Feds slow to part with paybacks for losses.
In the early '80s, the federal government was happy when hospitals were sold for a profit because, under Medicare's rules, it received a share of the profits. Under those same rules, the government also is required to share in losses resulting from the sale of a hospital. But as more financially troubled facilities are forced to sell at a loss, it appears the feds aren't too happy about making those payments.
Greene
J
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D002201:Capital Expenditures / Q000331:legislation & jurisprudence; D014487:Centers for Medicare and Medicaid Services, U.S.; D003862:Depreciation / Q000331:legislation & jurisprudence*; D006271:Health Facility Closure / Q000191:economics*; D016344:Medicare Part A / Q000331:legislation & jurisprudence*; D014481:United States