Blade: UTMC to receive $25 million in federal funding

The federal Centers for Medicare and Medicaid Services approved a higher Medicaid reimbursement rate for the University of Toledo Medical Center that will provide another $25 million to the institution.

UT President Dr. Gregory Postel said Wednesday the decision puts UTMC, formerly known as the Medical College of Ohio Hospital, in line to potentially receive this funding, and more, on an annual basis.

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