Pleasant Valley Hospital, Inc. v. Shalala

Affirmed by published opinion. Judge ELLIS wrote the opinion, in which Chief Judge ERVIN and Judge WILKINSON joined.

OPINION

ELLIS, District Judge, sitting by designation:

This is a Medicare reimbursement dispute. Plaintiff Pleasant Valley Hospital, Inc. (“Pleasant Valley”) appeals the Secretary of Health and Human Services’s (the “Secretary”) decision mandating that Pleasant Valley’s reimbursable interest expense be offset by the investment income earned on Pleasant Valley’s funded depreciation account (“FDA”). Specifically, the Secretary decided that Pleasant Valley’s investment income from…