CMS issued the proposed Medicaid Fiscal Accountability Rule last November. The rule aims to promote transparency by establishing new reporting requirements for state supplemental payments to Medicaid providers.
The hospital associations argue that finalizing the Medicaid fiscal integrity rule would introduce “unprecedented restrictions on states’ ability to fund their share of the Medicaid program” at a time when hospitals are facing challenges and an uncertain future due to the COVID-19 pandemic.
“We remain concerned that CMS issued the MFAR without any meaningful analysis of its impact on states, providers, and most important, Medicaid beneficiaries,” the organizations wrote in a letter. “The cursory regulatory impact analysis vastly understates the effects of the proposed rule. While we acknowledge the difficulties in precisely estimating the financial impact, that fact alone is reason enough to withdraw the MFAR.”
The organizations that signed the letter include America’s Essential Hospitals; the American Health Care Association; Association for Community Affiliated plans; the National Governors Association; U.S. Chamber of Commerce and National Association of Counties.
Read more about the proposed rule here.
More articles on healthcare finance:
Tenet to end some inpatient services at 2 Massachusetts hospitals
Billions more in funding needed to fight COVID-19, WHO chief says
Steward directed staff to delay payments to vendors, former controller says
