Similiar to the situations in California and Illinois, Michigan’s state governement is also cash-strapped, delaying their payments to hospitals. Originally, hospitals such as Detroit Medical Center, were supposed to receive their share of $54 million in state and federal payments in April and July, but now September 26 is the day these medical facilities are told they will receive the funds. Until then, hospital finance officers say the hospitals have to do some rearranging of inhouse funds to combat the delayed payments.
Click here to read the entire article: State can’t pay hospitals: Fiscal problems force long delay of $54 million.