The Louisiana State Health Department has informed Louisiana doctors they will have to pay back a collective $17 million in Medicaid overpayments because the Department of Health and Hospitals failed to make Medicaid budget cuts on time, according to a WWLTV report.
The cuts would mean physicians who once received Medicaid reimbursements at 90 to 120 percent for an adult would receive only 80 percent. Many physicians say the cuts could force them out of practice.
The DHH said the department failed to meet the Medicaid budget cut deadline because of a computer glitch, according to the report.
Read the WWLTV report on Louisiana Medicaid overpayments.
Read more on recent financial news:
-Economist Proposes Hybrid Payment Model for Medicare
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The cuts would mean physicians who once received Medicaid reimbursements at 90 to 120 percent for an adult would receive only 80 percent. Many physicians say the cuts could force them out of practice.
The DHH said the department failed to meet the Medicaid budget cut deadline because of a computer glitch, according to the report.
Read the WWLTV report on Louisiana Medicaid overpayments.
Read more on recent financial news:
-Economist Proposes Hybrid Payment Model for Medicare
-5 Best Practices for Improving Your Hospital's Revenue Cycle