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State aid for potential hospital losses...

State aid for potential hospital losses uncertain

By: Magnolia Tribune - March 25, 2013

State aid for potential hospital losses uncertain

Gov. Phil Bryant’s spokesman and key legislators say it’s too early to say for certain whether the state would provide funds to hospitals that would experience financial shortfalls if Mississippi doesn’t expand its Medicaid program.

A report last week by internationally known credit rating agency Moody’s said the credit rating of states that do not expand Medicaid as part of federal law could be negatively affected, as well as the credit rating of the hospitals in those states.

The reason, Moody’s surmised, is that those states will have to decide whether to use state money to offset the loss of federal money they would have gotten by expanding Medicaid or whether to let hospitals suffer financially.

Northeast Mississippi Daily Journal
3/24

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.