Health Care

Broward’s Memorial Healthcare adopts $1.8 billion spending plan

Memorial Healthcare System CEO Frank Sacco announced this summer that he plans to retire in February. The public hospital system has hired an executive search firm, Korn Ferry International, to help find a new chief executive.
Memorial Healthcare System CEO Frank Sacco announced this summer that he plans to retire in February. The public hospital system has hired an executive search firm, Korn Ferry International, to help find a new chief executive. MIAMI HERALD STAFF

South Broward property owners will pay a lower tax rate in 2016 than they did this year to support their public hospital network, Memorial Healthcare System, after the organization’s board of commissioners approved a spending plan of $1.8 billion this week.

Commissioners for the South Broward Hospital District, which governs Memorial Healthcare, approved a millage rate of $1.73 for every $10,000 of taxable property value — a decrease from the 2015 rate of $1.86 per $10,000.

At the new rate, the hospital system expects to generate about $8.1 million in 2016, which Memorial Healthcare will use to pay its share of Broward’s matching funds for Medicaid, the public health insurance program for low-income people, and to cover community redevelopment fees in several cities.

$1.73 Rate South Broward property owners will pay per $10,000 of taxable value in 2016.

To meet its mission of providing medical care for all residents of South Broward, regardless of ability to pay, Memorial Healthcare projects spending $162.6 million for uncompensated care, or about 9 percent of its total estimated operating expenses for 2016.

In other news, the hospital district’s board welcomed its newest member this month with Gov. Rick Scott’s appointment of Karen Harrington on Sept. 9. Harrington, 51, ran unsuccessful campaigns in 2010 and 2012 for a seat in the U.S. House of Representatives.

A Dania Beach resident, Harrington is the owner of Rickey’s Restaurants. Her term runs through June 2019.

A previous online version of this article reported the incorrect millage rate in dollars.

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