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University Hospitals seeking rate increase for next year
Diane Heldt
Apr. 19, 2013 8:47 am
University of Iowa Hospitals and Clinics leaders want state regents to approve a 6 percent increase to the hospital rate for the 2014 fiscal year.
The state Board of Regents meets Wednesday and Thursday in Cedar Falls. The meeting information was released Thursday.
The new UIHC rate would be effective July 1. Determining the proposed rate increase is driven by two factors: how UIHC compares to peers in charge levels and limits on increases in some of the contracts with commercial payers, hospital officials said.
In past years, hospital officials have stressed that the rate increase affects a small number of patients because most patients are covered by rates negotiated by third-party payers, such as insurance companies.
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