Bush signs funding bill giving more to hospitals
April 1, 2003
Bush signs funding bill giving more to hospitals
More than $800 million in increased spending for hospitals is included in the omnibus spending bill signed in late February by President Bush.
The legislation includes a $300 million increase from April 1 through Sept. 20 in Medicare payments for rural and "other urban" hospitals through equalization of the standardized rate. It also provides $518 million in bioterrorism preparedness funding for hospitals, $15 million in new funding for the Nurse Reinvestment Act, and $28 million in education incentives for medical schools to incorporate bioterrorism-related information in their curriculums.