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Albuquerque, NM – This afternoon, New Mexico Attorney General Hector Balderas announced he has reached an $18.5 million settlement with Presbyterian Healthcare regarding the failure to pay Medicaid premium taxes by the corporation. The settlement exceeds the amount identified, $14.6 million, in the recently released Examination Resources audit by nearly four million dollars. The $18.5 million dollar recovery only settles the Attorney General’s lawsuit regarding the $14.6 million identified for Medicaid Premium taxes, the remainder of the $29 million identified in the Examination Resources audit is still subject to enforcement. This quick settlement will return critical funds owed to the State of New Mexico and greatly assist the state budget at a crucial time. 

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