South Dakota Will Allow Providers to Share in Medicaid Savings to Lessen Impact of Cuts

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

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