New Hampshire was expecting $97 million in those taxes in November but only received $47 million, a move that was in response to the state’s cuts to Medicaid reimbursements, according to the report. Previously, the MET revenue was returned to hospitals through the Disproportionate Share Hospital program, but those reimbursements were cut in the state budget, which prompted 10 hospitals to file suit against the state.
The New Hampshire Hospital Association asked CMS this past summer what inpatient and outpatient services are taxable under federal regulations, and the state guidelines expected higher tax revenue, according to the report. As such, several hospitals paid under the federal guidelines.
New Hampshire’s Senate Ways and Means Committee, the Department of Revenue Administration and the Department of Health and Human Services plan to meet next week and address the shortfall in tax revenue and discuss the tax rule discrepancies.
Related Articles on New Hampshire Medicaid:
New Hampshire’s LRG Healthcare to Stop Accepting Medicaid Patients
States Capping Medicaid Coverage on the Rise
Two New Hampshire Hospitals Change Eligibility Guidelines for Charity Care in Face of Medicaid Cuts
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
