North Carolina to offer enhanced Medicaid funds to hospitals that help eliminate medical debt
Healthcare DIVE July 31, 2024
The incentive program offers hospitals a carrot for relieving debt that health systems were unlikely to recover anyway, with experts labeling the program a “win-win” for patients and providers.
North Carolina will offer enhanced Medicaid reimbursements to hospitals that forgive medical debt and adopt policies designed to prevent further debt from accruing, North Carolina Gov. Roy Cooper said in a press release Monday.
North Carolina is one of at least 17 states, cities and counties that have passed policies attempting to erase debt or block future medical debt from increasing, according to a recent analysis from center-left think tank the Third Way.
However, the Tar Heel State is the first to tie additional Medicaid dollars to reducing medical debt and...