FL Hospitals Will Get Paid Less by Medicaid

Pointing to limits in the state budget, the Florida Agency for Health Care Administration on Wednesday made changes in expected Medicaid payment rates that will cost hospitals about $60 million.

The reductions will be spread among dozens of hospitals across the state and were announced as AHCA finalized rates for the 2012-13 fiscal year. The issue centers on a complicated process that involves local governments contributing hundreds of millions of dollars in Medicaid money that can then be used to draw down additional federal funds for hospitals.

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