American Hospital Association September 20, 2023
As millions of people are losing their Medicaid coverage as a result of the redetermination process, hospitals and health systems are seeing substantial increases in uncompensated care and facing new Medicare cuts that will exacerbate their financial challenges, according to a AHA blog post published Sept. 20. The median rate of uncompensated care for hospitals nationally increased by a third from 6.4% in the first quarter of 2023 to 8.7% in July, according to data from Syntellis Performance Solutions.
In addition, despite the foreseeable impact the loss of Medicaid coverage would have on hospitals serving a disproportionate share of low-income patients, the Centers for Medicare & Medicaid Services recently finalized...