Medicaid

FL Hospitals Will Get Paid Less by Medicaid

Why not just pay nothing and really save money?

|

Pointing to limits in the state budget, the Florida Agency for Health Care Administration on Wednesday made changes in expected Medicaid payment rates that will cost hospitals about $60 million.

The reductions will be spread among dozens of hospitals across the state and were announced as AHCA finalized rates for the 2012-13 fiscal year. The issue centers on a complicated process that involves local governments contributing hundreds of millions of dollars in Medicaid money that can then be used to draw down additional federal funds for hospitals.