Go Back   New Orleans Saints - blackandgold.com > Main > NOLA
Shop Horizontal

LSU to lose hundreds of millions in Medicaid funding

this is a discussion within the NOLA Community Forum; The Jindal administration today detailed its plan to cut Medicaid programs for the 2012-2013 fiscal year, following the recent passage of a federal transportation bill which, on the one hand, included the Restore Act but, on the other, "corrects" the ...

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 07-13-2012, 05:30 PM   #1
Site Admin
 
Join Date: Mar 2007
Location: New Orleans
Posts: 6,390
Blog Entries: 2
LSU to lose hundreds of millions in Medicaid funding

The Jindal administration today detailed its plan to cut Medicaid programs for the 2012-2013 fiscal year, following the recent passage of a federal transportation bill which, on the one hand, included the Restore Act but, on the other, "corrects" the state's federal Medicaid funding rate, resulting in $650 million in losses over the next two years.


The loss of the federal money, combined with cuts in state matching funds, means a total cut of about $859 million for Louisiana Medicaid this year, with LSU Hospitals accounting for more than $300 million, reports Bill Barrow in The Times-Picayune.
<blockquote>
LSU will lose $122 million in state payments for treating the uninsured and under-insured, while its reimbursement rates for treating Medicaid patients will be cut 10 percent.? [ Read more ]

[ Subscribe to the comments on this story ]
admin is offline  
Latest Blogs
How to really handle Ray Rice and AP Last Blog: 09-17-2014 By: neugey


The Lost Art of the Trade Last Blog: 08-30-2014 By: jeanpierre


Childhood Trauma Prevention Last Blog: 08-29-2014 By: Barry from MS


Closed Thread

Thread Tools
Display Modes

Posting Rules


All times are GMT -5. The time now is 12:52 PM.


Copyright 1997 - 2013 - BlackandGold.com
no new posts