Board of Regents Approves Another University of Iowa Health Care Rate HikeApril 19, 2019 |
by Vanessa Miller
The University of Iowa Hospitals and Clinics annually for more than a decade has asked the Board of Regents to raise payer rates about 6 percent — and it did so again Thursday, receiving the standard board stamp of approval after repeating its refrain about health care headwinds and a need to grow.
“Every year there is a new headwind with a new title, and if it ain’t coming out of Washington, D.C., it’s coming out of here locally,” UIHC CEO Suresh Gunasekaran told the board during its Thursday meeting. “So we want to manage our investments and make sure that we’re really prudent with our resources. We want to focus on growth.”