Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | | (636) 273-6711

7 statistics, facts on Medicaid

With the entire industry waiting on the House's decision to pass the American Health Care Act, many are speculating about Medicaid's future, a program providing assistance to Americans with limited resources.

Here are seven statistics and facts based on Kaiser Family Foundation data.

1. The program provides coverage to 74 million low-income Americans.

2. Nearly 70 percent of office-based physicians accept new Medicaid patients, slightly less than the nearly 85 percent of office-based physicians accepting new patients with private insurance or Medicare.

3. In Nebraska, 97 percent of office-based physicians accept new Medicaid patients, more than twice as much as 39 percent of office-based physicians in New Jersey.

4. A 2015 survey found of physicians accepting Medicaid patients, 40 percent said they had an uptick in these patients since January 2014.

5. Ninety-five percent of children with Medicaid of Children's Health Insurance Program coverage have a regular source of care, slightly down from 97 percent of children with private insurance and up from 69 percent of children without coverage.

6. Medicaid expansion for adults is tied to increased use of screening services and preventive care as well as diabetes medications and other services.

7. Some studies found beneficiaries' had lower stress and anxiety as well as better quality of life following Medicaid expansion.

More articles on coding & billing:
Molina CEO challenges Republican health law: 5 points
Remedy Partners reports 7.7% episode of care savings through voluntary bundled payment models: 5 insights
Physician numbers up 8% during ACA's reign: 5 key notes

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers