Texas Hospitals to Receive $1B Boost in Medicaid Reimbursement

The gap between what hospitals actually spend to treat Medicaid patients and the Medicaid reimbursement amount for that care will get about $1 billion smaller in 2021.

Texas Governor Greg Abbott announced on July 2 that, together with the Texas Health and Human Services Commission (HHSC), his office secured $2.67 billion in federal funding for hospitals that provide care for Medicaid patients. The funding for the 2021 state fiscal year (SFY) is a $1.07 billion increase compared to SFY 2020.

“This federal funding is a crucial source of support for Texas hospitals that provide care for Medicaid patients,” Governor Abbott said in the announcement. “As we respond to the COVID-19 pandemic, the State is committed to ensuring that our hospitals have the resources they need to continue providing care to Texans across the state.”

Source: TX Hospitals to Receive $1B Boost in Medicaid Reimbursement / Revcycle Intelligence

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