Thursday, June 2, 2011

City Council Revokes the Streets in UMC Footprint Today

7-0.

The Council voted to revoke before the Kaufman-Hall report on the feasibility of the proposed UMC was even presented to the UMC Board or made public.

The Kaufman-Hall presentation this afternoon showed that a $100 million annual state subsidy would likely be needed, within a likely range from $75 million to $125 million.  One projection in the presentation, however, modeled a change in certain reimbursement policies and showed that as much as a $147 million annual state subsidy might be necessary.

The number of beds projected as "right" for the facility was also lower than the 424-bed facility that UMC has put forward for a long time.

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