Hospital to take big tax hit

Decatur Daily Democrat:

It was a case of the proverbial good news vs. bad news delivered to members of the Adams Health Network Board of Trustees at their monthly meeting on Wednesday night.

In discussing the financial situation of the hospital, Chief Financial Officer Dane Wheeler gave board members the good news first: Hospital officials recently completed a cost settlement report for Medicare which should net the hospital approximately $759,000 in Medicare money. But it is not known when the dollars will be deposited in AHN coffers.

"Maybe in August sometime," Wheeler offered. "We'll know for sure when it's here."