Cuts about new law $ 1 trillion From the Medicade, mainly stringent work requirements as well as how state provider can fund their Medicade programs through taxes and state-guided payments.
While most of the cuts will not happen immediately, especially rural facilities say they will be likely to make them Hard financial decision What services they can spend to keep and may require cutting.
Republican pushed back the beginning date for provider tax deduction by 2028, and they would not be fully phased. By 2031The bill was signed in the law only on 4 July, so hospitals said that it is very early for them to know which services they would have to cut back.
But discussion is going on as hospitals need to start the scheme.
Edwin Park, a research professor at the McCourt School of Public Policy at Georgetown University, said, “If they see a very negative outlook in terms of medicine reduction, then there is an increase in the cost of care without care, I think it would not extend, not, hiring, no, no, hiring, not to cut services, cutting of services, do not hiring,”
Rural hospitals rely very much on Medicade funding as many of the patients they take care of are low -income.
Medicade dependent services – Like labor and distribution units, mental health care and emergency rooms – some are least profitable, yet the most essential services that provide hospitals. But experts said that there is a possibility of those people as an attempt is made to stay in the hospital.
Mark Nantz, president and chief executive officer of Valley Health System, said that once the cut is completely phased, his system will be lost about his system. $ 50 million per year Revenue for Medicade patients. Most likely, casualties will be new construction and expansion plans, but he said that it is too early to know.
