Memphis medical center to receive $30 million

By Anonymous
AP
Posted Jul 08, 2010 @ 05:56 PM
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The Regional Medical Center at Memphis is getting $30 million from the state to help the financially troubled hospital stay afloat.

Shelby County Mayor Joe Ford secured $10 million in emergency funding from county commissioners in January.

The 22-member delegation from Memphis in the General Assembly pushed this year for $20 million. They learned a week ago that the state agreed to a three-to-one match in funds, or $30 million.

The Med is the only hospital in the region to provide expensive specialized services such as burn and trauma care, and a high percentage of its patients lack health insurance.

Patients come from a five-state region within 150 miles of Memphis. The 370-bed hospital has a $32 million annual shortfall.

The Regional Medical Center at Memphis is getting $30 million from the state to help the financially troubled hospital stay afloat.

Shelby County Mayor Joe Ford secured $10 million in emergency funding from county commissioners in January.

The 22-member delegation from Memphis in the General Assembly pushed this year for $20 million. They learned a week ago that the state agreed to a three-to-one match in funds, or $30 million.

The Med is the only hospital in the region to provide expensive specialized services such as burn and trauma care, and a high percentage of its patients lack health insurance.

Patients come from a five-state region within 150 miles of Memphis. The 370-bed hospital has a $32 million annual shortfall.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed
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