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HCA COMMENTS ON GAO REPORT

 WASHINGTON, June 23 /PRNewswire/ -- Hospital Corporation of America today agreed with the General Accounting Office's assessment that the rules health care providers follow in filing for Medicare reimbursement need extensive clarification and simplification.
 Jack O. Bovender, Jr., HCA executive vice president and chief operating officer, issued the following statement late Wednesday after his testimony and that of GAO officials before the Oversight and Investigations Subcommittee of the House Energy and Commerce Committee:
 "HCA disagrees with the GAO assertion that our home office cost reports were in error. However, if we accept the GAO report as being 100 accurate -- which we don't -- it would represent an error rate of less than one percent in our 1991 home office cost report, and a disagreement over costs to the Medicare program of $33,000.
 "That it because the GAO says it found $1.1 million in costs it questioned out of $114.2 million in our home office Medicare cost report -- and we are only reimbursed for three percent of these costs.
 "My overall assessment of the hearing is that our position was more in agreement with the GAO than disagreement. We agreed in our testimony that the lack of specificity of Medicare reporting rules is a principal problem we and other health care providers have in complying. Obviously, a clarification of these rules would be a benefit to all concerned -- patients, health care providers and the Medicare program."
 Bovender also characterized the testimony of compensation expert Graef S. Crystal as being "directly in line with the HCA philosophy of keeping compensation closely tied to company performance." In a survey commissioned by the Dingell subcommittee, Crystal ranked HCA's total direct compensation of its CEO 22nd in the ranking of 26 health care companies.
 "From what I understood from Prof. Crystal's testimony this morning, the stock options gains realized by company management and employees followed his principles of risk, performance and reward," Bovender said.
 -0- 6/23/93
 /CONTACT: David McFadden, corporate relations of Hospital Corporation of America, 615-327-9551 or 800-251-2561/


CO: Hospital Corporation of America ST: District of Columbia IN: HEA SU:

TM -- NY084 -- 5240 06/23/93 19:22 EDT
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Publication:PR Newswire
Date:Jun 23, 1993
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