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What kept Maryland hospitals afloat during COVID — and saved taxpayers millions

March 28, 2023

Maryland hospitals largely escaped the financial crisis that struck providers nationwide in the wake of the COVID-19 pandemic, when elective procedures were canceled and routine care was postponed. That’s thanks, in part, to a unique system for regulating hospital revenue. The same system saved taxpayers $781 million in Medicare costs over three years and improved quality of care, according to a recent report.

Article Source: The Baltimore Banner

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