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Thursday May 23rd 2013

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Medicare to Settle Hospital Reimbursement Dispute

California Ambulance AssociationMedicare settled a dispute with about 2,200 hospitals over an error in reimbursement rates, offering what could amount to a $3 billion infusion to hospitals that are already bracing for funding cuts under the federal healthcare law. More than 200 California hospitals are included in three similar agreements reached April 5 and they stand to share a total of more than $310 million according to a recent report in the Los Angeles Times.