DALLAS – The Tucson, Ariz. city council will consider a temporary, self-assessed tax that would help local hospitals qualify for additional federal funding.

The two-for-one match could generate up to $70 million of federal Medicaid funds to cover the hospitals’ indigent care costs until provisions of the Affordable Care Act go into effect Jan. 1, 2014. The tax would expire at the end of 2013.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.