Mr. Pawlenty previously ordered state agencies to reject grants associated with health reform. The Medicaid money was approved separately as part of a stimulus package for the state of Minnesota.
The Medicaid money may be necessary in the coming months, as Minnesota’s available cash may drop to $100 million by December — $300 million lower than the amount the state prefers to have on hand.
Read the Bloomberg Businessweek report on Minnesota finances.
Read more on recent hospital and health system financial news:
-Ohio’s Health System Discussion on Bad Debt Underscores National Problem
–For First Time, Employers Passing on All Health Insurance Increases to Employees
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