Here are five insights:
1. The report identified the $324 million provided by the Massachusetts government and federal government over the next decade will be dispersed through MassHealth, the Commonwealth’s Medicaid program.
2. The Health Insurance Provider Fee funds Medicaid under the ACA. The report notes the HIPF “does not collect money from the large insurers profiting from Medicaid expansion,” but from states and taxpayers.
3. Based on MassHealth’s use of $15 billion of the $38 billion provided by the government last year, the program is not sustainable long-term.
4. About one-quarter of Massachusetts’s population benefits from MassHealth. The report argued the Medicaid program has “overshadowed other priorities such as education, public safety and transportation.”
5. Massachusetts leads the country in number of insured residents, and a MassHealth spokesperson commented the Commonwealth will work to enhance the fiscal issues.
More articles on practice management:
What the 1st CJR data feed revealed & how providers can leverage it for best practices
Are bouffants the new surgical cap? 4 takeaways
Laredo Medical Center unveils new bone & joint center — 5 notes
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
