Originally posted by: PJ Stroh
Rural Nebraska Hospital shutting its doors - cites Medicaid cuts in the BBB
“Unfortunately, the current financial environment, driven by anticipated federal budget cuts to Medicaid, has made it impossible for us to continue operating all of our services, many of which have faced significant financial challenges for years,” Community Hospital CEO Troy Bruntz said in a statement.
The clinic will wind down its services over the coming months."
OH - And Happy 4th of July !
There will be a lot more of this coming to other states and hospitals as well, but Nebraska also signed legislation last month that would provide more funding for rural hospitals, so not all is lost.....yet.
https://nebraskapublicmedia.org/en/news/news-articles/southwest-nebraska-hospital-announces-plans-to-close-blames-uncertainty-over-funding/
But 1st District Rep. Mike Flood, who, along with Nebraska's other two representatives voted in favor of the bill, said the state will be somewhat insulated from the cuts.
That's because last month, Nebraska officials learned that the federal government had signed off on a plan to boost Medicaid reimbursements to rural hospitals.
Under LB1087, which the Legislature passed last year, the state's hospitals will pay a 6% tax on their net patient revenues to create a fund to get increased federal matching dollars for Medicaid.
Flood said Wednesday in an interview with PBS that the fund will amount to an additional $1 billion for the state's hospitals.
"That's a lot of money for a state with two million people," Flood said. "Now, will there have to be decisions made about how to properly use that money? Do we have to make sure that we don't have waste, fraud and abuse? Yes," he said.
"But we're talking about a system that is not getting shuttered. It is getting an increase. And, sure, somebody in one part of my state can say they have challenges. And I don't doubt that. But there's a lot of different reasons that those challenges come forward."