‘We’re Going Away’: A State’s Choice to Forgo Medicaid Funds Is Killing Hospitals

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 109 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

Experts no more than a few of Mississippi’s 100-plus hospitals are operating at a profit, with free care costing them about $600 million a year — roughly 8% to 10% of their operating costs. In Mississippi, choice to forgo medicaid funds kills hospitals:

Dr. Abhash Thakur, the sole cardiologist at Greenwood Leflore Hospital, in Greenwood, Miss. on Feb. 16, 2023.

They have spurned the federal government’s offer to shoulder almost all the cost of expanding Medicaid coverage for the poor. And that has heaped added costs on hospitals because they cannot legally turn away patients, insured or not. “This argument about rural hospital closures has been an incredibly compelling argument to voters,” said Kelly Hall, the executive director of the Fairness Project, a national nonprofit that has successfully pushed ballot measures to expand Medicaid in seven states.

Health officials blame those numbers in part on the high rate of uninsured residents who miss out on preventive care. “Don’t simply cave under the pressure of Democrats and their allies in the media who are pushing for the expansion of Obamacare, welfare and socialized medicine,” Reeves said in his annual State of the State address in January.

Of the state’s hospitals, “I have maybe heard of two that are generating any profit,” he said. When he asks hospital executives if Medicaid expansion would help their balance sheets, he said, “they say it’s a game changer.” Nine years after states began expanding Medicaid, evidence is growing that broader coverage saves lives. In a 2021 analysis, researchers for the National Bureau of Economic Research estimated that in one four-year period, 19,200 more adults ages 55 to 64 survived because of expanded coverage, and nearly 16,000 more would have lived if that coverage was nationwide.

Mississippi’s office of the state economist has estimated that for at least the first decade, those savings and others would fully cover the roughly $200 million a year that Medicaid expansion would cost the state government. The legislators are also trying to prop up the hospitals with a one-time infusion of $83 million or more. But that is a pittance compared with what the state has given up in Medicaid payments.

Thirty-two of them were kept in the emergency department, partly because of nursing cuts. One upshot is that patients seeking emergency care now wait an average of two hours, four times as long as they should, according to Amy Walker, the chief nursing officer. Some simply walk out.

Source: Healthcare Press (healthcarepress.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Healthcare shouldnt be a for-profit service period

What happened to all that free COVID money?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rockies spring training report: Michael Toglia shows power but is likely headed to Triple-AIf Michael Toglia is going down, he’s going down swinging a hot bat.
Source: denverpost - 🏆 13. / 72 Read more »

Is North West Going To Launch A Skincare Line?Kim Kardashian filed for trademarks on behalf of her 9-year-old daughter. Kardashians, and the shallow women that relate to them. No, her granny is and she'll be the face of it No she isn’t but don’t tell the baby narcissist that.
Source: TeenVogue - 🏆 481. / 51 Read more »

SDOT: New street parking rates in Seattle start on Monday, most prices going upNew parking rates are coming to Seattle streets starting this Monday, and officials aim to make more street parking available by raising prices. FOX13 Awesome seattle. Good plan make it so only rich people can park. bassakwards Make parking free for the homeless community Welcome to Inslee’s land.
Source: fox13seattle - 🏆 328. / 59 Read more »

Overwhelmed central Pa. cat rescues prepare for kitten season: ‘It’s going to be bad’“People like all the cuddly kittens but once they grow up, they just toss them out ... It’s upsetting. They don’t get them spayed or neutered, and the females — once they get pregnant — are tossed out the door.”
Source: PennLive - 🏆 463. / 53 Read more »

Ski resorts in California got so much snow they’re going to stay open through JuneThe slopes are open for summer, at least in California.
Source: mercnews - 🏆 88. / 68 Read more »