Hospitals to Get Less Medicaid Funding Under President’s Budget

President Obama’s newly released budget would cut $18.4 billion in matching federal funding for state Medicaid programs by reducing how much hospitals and other providers could be taxed to come up with the state’s share, according to a report by Kaiser Health News.

Advertisement

In response the proposed provider tax restrictions, the AHA stated in a release: “We are deeply disappointed that today’s budget reduces Medicaid, which funds services to our most vulnerable patients such as the poor and disabled.”

However, CMS Administrator Don Berwick, MD, said the provider tax restrictions would not begin until 2015, when the healthcare reform law would be raising federal funding levels for Medicaid.

Read the Kaiser Health News report on Medicaid.

Read President Obama’s proposed HHS budget for 2012.

Read more coverage of Medicaid cuts.

HHS Secretary Lists 3 Ways States Could Cut Medicaid Costs Without a Waiver

Governors Want Reform Law Changed So They Can Reduce Medicaid Coverage

House GOP Chair Plans to Slash Discretionary Spending, Warns of More Cuts

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.

Advertisement

Next Up in Leadership & Management

Advertisement

Comments are closed.