Landmark Medical Center Likely to Get Financial Support
It’s not official yet, but it looks like when the General Assembly votes today it will approve a bill that would make life a little easier for the financially struggling Landmark Medical Center in Woonsocket.
Spokesman Bill Fischer estimates that move would save the medical center about $735,000 a year.
Part of the legislation also allows Landmark to apply to be considered a rural hospital by the federal government, allowing it to get higher reimbursement rates from Medicare, even though the medical center is in a clearly urban area. The rationale is Landmark serves other, more rural parts of the region. That, and Landmark could use all the help it can get.
See my earlier post about Caritas for more information.