Hospitals in Illinois will receive one-time payments totaling $120 million from the Illinois Department of Healthcare and Family as part of an effort to accelerate payments to hospitals that provide Medicaid services so that the state is eligible for higher federal matching funds, according to a Chicago Tribune report.
Rural hospitals and those with large Medicaid populations will receive the largest payments, which range from just over $3,000 to more than $3 million.
The federal government approved the accelerated payments. Accelerating the payments will make hospitals in the state eligible for higher federal matching funds for Medicaid, which were made available by last year's Stimulus Act.
Read the Chicago Tribune report on Illinois hospitals.
Read more coverage on Illinois hospitals:
- Illinois Hospitals Get Graded on New Report Card Website
- Illinois Supreme Court Upholds Denial of Provena's Tax Exemption
- State of Illinois Approves Carle Hospital's Acquisition of Clinic
Rural hospitals and those with large Medicaid populations will receive the largest payments, which range from just over $3,000 to more than $3 million.
The federal government approved the accelerated payments. Accelerating the payments will make hospitals in the state eligible for higher federal matching funds for Medicaid, which were made available by last year's Stimulus Act.
Read the Chicago Tribune report on Illinois hospitals.
Read more coverage on Illinois hospitals:
- Illinois Hospitals Get Graded on New Report Card Website
- Illinois Supreme Court Upholds Denial of Provena's Tax Exemption
- State of Illinois Approves Carle Hospital's Acquisition of Clinic