Tax on Wisconsin Hospitals Boosts Medicaid Payments

A new tax on Wisconsin hospitals has allowed the state to collect $1.65 in federal Medicaid reimbursements for every $1 taxed, according to a report by WBAY TV.

The Wisconsin Department of Health Services said hospitals paid the state a total of $382 million more in the first year of the new tax and received $582 million in increased Medicaid payments.

The extra revenue has also helped to expand the Wisconsin's BadgerCare plan to cover 60,000 childless adults.

Read WBAY TV's report on Wisconsin's hospital tax.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>