Mississippi Governor Tate Reeves's Medicaid reimbursement reform plan receives federal approval, generating over $700 million for state hospitals.
Mississippi Governor Tate Reeves announced federal approval of his Medicaid reimbursement reform plan, which will generate over $700 million in additional funds for the state's hospitals. The second component of the plan supplements Medicaid base payment rates by reimbursing inpatient and outpatient hospital services in the fee-for-service system up to the Medicare upper payment limit. The first component approved in December aimed to reimburse hospitals near the average commercial rate for services provided through the managed care delivery system. The combined initiatives are projected to result in a collective annual increase of $708 million for hospitals, net of contributions made by hospitals to support the initiatives.
April 10, 2024
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