South Broward property owners will pay a lower tax rate in 2014 than they did this year to support their public hospital network, Memorial Healthcare System, after the South Broward Hospital District that governs Memorial voted Wednesday night to adopt a millage rate of .40 for next year as compared to the 2013 rate of .60.
Memorial’s property tax public support this year came to about $15.5 million net, according to hospital system officials. Of that money, Memorial sent $7.7 million to the state for the Medicaid match program, and to community redevelopment agencies in several cities, and to the property appraiser’s office. The remaining $7.8 million was spent on primary care clinics for the uninsured.
More than one in four Broward residents, or about 392,000 people younger than 65, were uninsured in 2011, according to the U.S. Census Bureau. It is unclear how many of the uninsured reside north of Griffin Road, where the North Broward Hospital District oversees public healthcare services provided through Broward Health.
Officials for Memorial, which earned $1.5 billion net revenue this year, project the hospital system will provide more than $1 billion in uncompensated care in 2014.