The $12.2 million comes from savings to the Medicaid program this year and is intended to lessen the impact of a proposed average 10 percent cut in Medicaid reimbursements for the state’s upcoming fiscal year.
The one-time payment will bring the average reimbursement cut for next year down to 6 percent, according to the report.
The budget introduced by Governor Dennis Daugaard includes some $30.3 million in cuts to the Medicaid program.
Read the Rapid City Journal report on South Dakota Medicaid.
Read more coverage on South Dakota healthcare providers:
– Minnesota’s North Country Health Services, South Dakota’s Sanford Health Merger Official
– South Dakota’s Regional Health Acquires Neurology Group
– South Dakota’s Avera Will Acquire Physician-Owned Clinic in Iowa
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