Hospitals in Florida could see more than $650M loss in Medicaid funds

Florida hospitals could see about $651 million in Medicaid cuts under a proposal from state lawmakers, according to a report by News Service of Florida relayed by News 4 JAX.

The Florida House proposed reducing state hospital funding by $250 million, which, when incorporating lost federal matching funds, would total about $651 million, according to the report. State senators have proposed the same $250 million hospital funding cut.

Florida lawmakers previously requested financial information from hospitals to help determine state hospital funding cuts.

While lawmakers have proposed about $651 million in Medicaid cuts, hospitals are still slated to receive monies through Florida's Low Income Pool program to aid the state's safety-net hospitals. Earlier this month, Republican Florida Gov. Rick Scott and the federal government announced an agreement for a $1.5 billion annual commitment for the LIP program.

 

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