Here are five things to know.
1. State House lawmakers voted 115-21 on Friday to move forward with the Medicaid reimbursement cuts to therapy providers under a Senate budget plan. It still requires Texas Republican Gov. Greg Abbott’s signature.
2. The cuts, which were implemented last December, reduced reimbursement for services provided to about 60,000 special needs children in Texas.
3. Texas Sen. Charles Schwertner, MD, a Republican from Georgetown, called for the cuts after a College Station-based Texas A&M study showed some therapists were overcharging the state. Texas A&M later said the study was flawed, but the state’s Republican-controlled Legislature approved the reimbursement reductions in 2015, according to Texas Public Radio.
4. At least three home therapy provider groups have discontinued some or all of their services for Medicaid patients since the reimbursement reductions were approved, the Austin American-Statesman reports.
5. Texas lawmakers plan to restore 25 percent of the cuts that were implemented in 2015 in the next state budget, which affects reimbursement for 2018 and 2019, according to the report.
More articles on healthcare finance:
4 questions with Piedmont VP of revenue cycle Brian Unell
For-profit stock report: Week of May 22-26
California lawmakers want to use tobacco tax revenue for provider payments
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