NASHVILLE, Tenn. (AP) - Officials say the financial situation for Nashville General Hospital at Meharry is more severe than previously forecast.
That’s led the city’s cash-strapped safety-net hospital to boost its request for emergency funding to $16 million.
The Tennessean (https://tnne.ws/2j1HKou ) reports the Metro Hospital Authority estimated in November it would ask for around $10 million in mid-year supplemental funds from Metro Council and Mayor Megan Barry’s administration to shore up finances for the ongoing fiscal year.
But the authority’s board of directors voted recently to request $16 million after they say a goal of $6 million in expected collections from insurance companies didn’t come to fruition.
Barry’s administration is predicting a negative cash flow for the city-owned hospital by month’s end. Barry has filed council legislation to deliver the funding but has expressed disappointment with the hospital authority.
Information from: The Tennessean, https://www.tennessean.com
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