Nashville General Hospital received a $6.7 million credit line from the Metropolitan Government of Nashville and Davidson County. Along with $2 million in additional state funding granted this week, the credit line will allow the public hospital to manage its cash flow through the rest of its fiscal year, ending June 30. Nashville General has an $86.7 million budget for the year. It needed additional funding because of changes to the state's TennCare program, said Reginald Coopwood, chief executive officer at the Metropolitan Nashville Hospital Authority, which oversees the hospital. TennCare used to cover every state resident, so no bills went completely unpaid. The changes essentially made TennCare a regular Medicaid program, and now the hospital serves uninsured patients, Coopwood said. Tennessee, however, receives no federal disproportionate-share funds, because such funds weren't needed under the old TennCare system and were frozen by the Balanced Budget Act of 1997. Officials hope lawmakers will get disproportionate-share funding turned back on for the state. -- by Vince Galloro
Tenn. hospital gets emergency funds from city, county
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