The Alaska Department of Health and Social Services recently notified providers that the department would not be able to pay them for treatment provided to some Medicaid patients until the next fiscal year begins on July 1.
DHSS director Margaret Brodie told providers in a letter that payment would be delayed because the department is “challenged by a tight budget situation” and would “temporarily pend some Medicaid claims while Medicaid funds are reallocated among accounts,” according to the report.
DHSS expects to decide weekly which claims to suspend and which to pay.
“We would look to providers that rely on the weekly Medicaid payment cycle the most,” DHSS Deputy Director for Health Care Service Lori Campbell said, according to the Peninsula Clarion. “…They would be providers who provide direct care to recipients and for whom a weekly payment cycle is vital to the operation of the business.”
More articles on finance and revenue cycle management:
Children’s Medical Center Dallas chooses CallidusCloud’s RCM suite
Joliet Radiological contracts with McKesson for RCM services
Mosaic Life Care approves $16.9M in debt forgiveness
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.