Pennsylvania Hospitals Face $5.3B Medicaid Shortfall Over Next 5 Years

The Hospital & Healthsystem Association of Pennsylvania released data showing that Pennsylvania’s hospitals will be shortchanged $5.28 billion in Medicaid payments between 2011 and 2015.

Advertisement

In fiscal year 2011, Pennsylvania’s Medicaid program paid hospitals $542 million less than the cost of care for Medicaid patients, and that figure is expected to grow exponentially. In FY 2015, the shortfall is expected to exceed $1.45 billion.

State Medicaid programs normally pay hospitals less than the cost of care, but HAP President and CEO Carolyn Scanlan believes Pennsylvania’s policies are exacerbating the widening gap between hospital costs and Medicaid payments.

“While hospitals’ Medicaid payments improved modestly over the past two years, the payment shortfall remained and budget proposals now on the table will nullify any short-term improvements,” Ms. Scanlan said in a news release.

More Articles on Medicaid:

CMS Approves Wisconsin’s Medicaid Cost-Slashing Proposal

14 Recent Medicare, Medicaid Issues

47 Florida Counties Sue State Over Medicaid

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.