[Archived] Question #19: Can you provide the latest Service Report and Financial Report delivered under the Memorandum of Agreement between Inova Alexandria Hospital and the City?

Question:

Can you provide the latest Service Report and Financial Report delivered under the Memorandum of Agreement between Inova Alexandria Hospital and the City? Please include financial analysis of the impact of Medicaid expansion on uncompensated care expenses. (Mayor Wilson)

Response:

Attached is the Financial Report and Service Report that was provided by Inova Alexandria to the City Manager's Office on March 15, 2019. Inova’s cost to provide services to charity or indigent patients in 2018 totaled $15 million. $3 million of this $15 million total is attributable to obstetric delivery, which represents about 20% of Inova’s charity care admissions.

In response to the second question, Inova Alexandria Hospital is proposing evaluating the actual financial position for the first half of calendar year 2019 in order to provide City Council with an analysis based on encounter data actuals rather than projections. This analysis will cover encounter data from January 2019, when expanded eligibility for Medicaid plans went into effect, through June 2019. This encounter analysis will be available to City Council in late summer.

ATTACHMENTS:

Attachment 1 – INOVA Alexandria Hospital Annual Report submitted to City Manager on March 15, 2019

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