The South Dakota Legislature has approved a move that will lessen the blow of Medicaid cuts to healthcare providers in the state by allowing them to share in a one-time payment of $12.2 million, according to the Rapid City Journal.
The $12.2 million comes from savings to the Medicaid program this year and is intended to lessen the impact of a proposed average 10 percent cut in Medicaid reimbursements for the state's upcoming fiscal year.
The one-time payment will bring the average reimbursement cut for next year down to 6 percent, according to the report.
The budget introduced by Governor Dennis Daugaard includes some $30.3 million in cuts to the Medicaid program.
Read the Rapid City Journal report on South Dakota Medicaid.
Read more coverage on South Dakota healthcare providers:
- Minnesota's North Country Health Services, South Dakota's Sanford Health Merger Official
- South Dakota's Regional Health Acquires Neurology Group
- South Dakota’s Avera Will Acquire Physician-Owned Clinic in Iowa
The $12.2 million comes from savings to the Medicaid program this year and is intended to lessen the impact of a proposed average 10 percent cut in Medicaid reimbursements for the state's upcoming fiscal year.
The one-time payment will bring the average reimbursement cut for next year down to 6 percent, according to the report.
The budget introduced by Governor Dennis Daugaard includes some $30.3 million in cuts to the Medicaid program.
Read the Rapid City Journal report on South Dakota Medicaid.
Read more coverage on South Dakota healthcare providers:
- Minnesota's North Country Health Services, South Dakota's Sanford Health Merger Official
- South Dakota's Regional Health Acquires Neurology Group
- South Dakota’s Avera Will Acquire Physician-Owned Clinic in Iowa