Charleston (W.Va.) Area Medical Center has asked state regulators for a 10.5% rate increase for both inpatient and outpatient services, effective in 2003, spokesman Andrew Wessels said. The rate increase would affect less than 30% of patients using the 765-bed hospital, since more than 70% of its patients are covered by Medicare, Medicaid or worker's compensation or have their bills written off as charity care, Wessels said. CAMC needs a rate increase to cover rising costs for prescription drugs and liability insurance and to pay for investments in the hospital. CAMC expects to post net income of $15 million on revenue of $940 million in 2003, Wessels said. Hospital officials hope the West Virginia Health Care Authority will rule on the rate increase request by year-end. -- by Vince Galloro
CAMC seeks 10.5% increase for drugs, insurance
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