Without Federal Medicaid Enhancement, North Carolina Will Slash Funding

If the U.S. Congress doesn’t decide to extend extra Medicaid funding for the states in the next two weeks, the North Carolina legislature will make large cuts in its Medicaid spending, according to a report by WRAL.

Advertisement

North Carolina is one of more than 30 states that have approved or are about to approve new budgets that anticipate a $24 billion, six-month extension of the extra Medicaid funding for states.

Congress had been working on the extension as part of the same bill funding the physician fee-fix, but the House pulled the Medicaid provision out of the bill before passing it late last month. Congress then went on recess for a week and returned only today.

Without the extra funding, North Carolina would have a $490 million gap in the state budget for next year and the state legislature has no plans to raise taxes to fill that gap.

Read WRAL’s report on Medicaid funding for the states.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.