Oklahoma Medicaid announces 25% cuts

Thursday, March 31, 2016

OKLAHOMA CITY – The Oklahoma Health Care Authority, which oversees the state’s Medicaid program, is cutting reimbursement rates for more than 46,000 providers by 25%, according to local news reports. Due to a roughly $1.3 billion hole in next year's state budget, state agencies are being directed to prepare for cuts of 15% or more to their budgets. The cuts, which will affect DME providers, hospitals, physicians, pharmacies and nursing facilities, are slated to take effect July 1. "This is a market-changing development in terms of hospitals' and other providers' ability to satisfactorily treat those that are on Medicaid," Craig Jones, president of the Oklahoma Hospital Association told a local news outlet. 



Cuts are just going on all over the place and yet superb services are still expected from providers. But then again it's the government; they overspend and then providers suffer. I just wish they can start by cutting their staff to save money; I'm pretty sure they have 6 people doing a job that could be done by 1 person. That probably wouldn't happen because cutting payments for outsiders helps them all keep their pensions when they retire