The tax increase proposal is expected to raise $934 million in the 2017-19 biennium, which allows the state to maintain Medicaid coverage for 1 million citizens, including those covered through expansion of the state’s Medicaid program.
Oregon hospitals have financed Medicaid deficits before and this biennium is no different, according to the report.
“This solution will have impacts on hospital operations, as they already are experiencing deep regression in financial performance,” the Oregon Association of Hospitals and Health Systems told the Portland Business Journal.
More articles on healthcare finance:
Healthcare revenue cycle market size to exceed $100B by 2024
S&P downgrades rating on Dawson County Hospital District’s debt to ‘CCC’
Ready for value-based care?
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
