LIVADAS
v.
AUBRY, CALIFORNIA LABOR COMMISSIONER

U.S. | 1994-04-04
No. 92-1920
511 U.S. 1016 Supreme Court of the United States (1994) Positive Treatment
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  • Shalala v. Guernsey Mem'l Hosp., 514 U.S. 87 (U.S. 1995)
    …ng it.” Id., at 832. Once the court ruled that GAAP controlled the timing of the accrual, it followed that the Hospital, not the Secretary, was correct and that the entire loss should be recognized in the year of refinancing. We granted certiorari, 511 U. S. 1016 (1994), and now reverse. II Under the Medicare reimbursement scheme at issue here, participating hospitals furnish services to program beneficiaries and are reimbursed by the Secretary through fiscal intermediaries. See 42 U. S. C. §§ 1395g and 13…

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