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Injured Patients and Families Compensation Fund

Report 10-4 | March 2010

SUMMARY

We issued an unqualified opinion on the Injured Patients and Families Compensation Fund’s financial statements for FYs 2008-09, 2007-08, and 2006-07. The Fund, which pays secondary medical malpractice claims and is funded by health care providers, has experienced a significant decline in its financial position over the last two years, in part because of a $200.0 million transfer to the Medical Assistance Trust Fund.