The proposed reduction would be in supplemental payments hospitals receive to offset the costs of low Medicaid reimbursement. The Arkansas Department of Human Services proposed the cuts because of federal regulations that don’t allow managed care companies to make the payments.
The Arkansas Hospital Association opposed the change, and state officials have sought input from CMS on the matter. Bo Ryall, CEO of the Arkansas Hospital Association, told The Sentinel-Record that the reduction would put hospitals “in a very difficult position” financially.
More articles on healthcare finance:
IRS revokes hospital’s tax-exempt status
CMS cuts payments to 786 hospitals over high rates of infection, injury
Pennsylvania hospital loses license
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
