NC Healthcare Providers Face Cuts, Budget Stalemate

North Carolinas healthcare providers grapple with budget crisis, facing Medicaid reimbursement cuts of up to 10% due to a budget stalemate in the General Assembly. The states Medicaid department, DHHS, has cut rates to cover costs, affecting hospitals, nursing facilities, and emergency rooms. The department needs $319 million for the Medicaid rebase, but the mini-budget passed only allocated $500 million, leaving a $319 million shortfall. This situation impacts 25% of North Carolinas population, with over half in rural counties relying on Medicaid. Providers brace for potential layoffs, service reductions, and delayed investments, with concerns of some providers stopping Medicaid participation if the budget stalemate continues. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.