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Porter hospital to raise rates to cover mandatory cost, tax hike

Posted on September 9, 2010 |
By Angelo Lynn



MIDDLEBURY — In the complex world of hospital budgets, a 4.4 percent rise in revenue added to a 1 percent decline in expenses, but which yields a $90,000 loss for the year is understandable.

So is a tax increase imposed by the federal government that will add an additional $1 million in expenses in 2011, not to mention an $814,060 expense for a digital record keeping system that is mandated under state law.

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