Currently, states can assign Medicaid payments to individual providers for benefits such as health insurance, skills training and other benefits customary for employees.
However, CMS said it is “concerned that these provisions are overbroad, and insufficiently linked to the exceptions expressly permitted by the statute.” CMS estimates unions could collect up to $71 million from these assignments.
The proposed rule will be published in the Federal Register July 12. Comments will be accepted for 30 days.
More articles on healthcare finance:
Chicago hospital needs $3M infusion to avoid closure
CHS closes Missouri hospital; physicians put their money on the line to expand services
Shares of CHS close below $3 for first time
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.
