Wednesday, November 21, 2012

Georgia Opt-Out of Medicaid Could Cost Grady Millions

Grady Could Have Big Loss in Medicaid Stand-Off by Misty Williams.  The Atlanta Journal Constitution.  November 21, 2012.

The Affordable Care Act as initially passed by Congress and signed into law by President Obama foresaw that cuts in funding for hospitals such as Grady would be at least partially  offset by expansion of Medicaid and the individual mandate for insurance coverage.  However with the ruling by the Supreme Court that states could opt-out of the expansion of Medicaid and word from the State of Georgia that the state would indeed opt-out, Grady Memorial Hospital faces a potentially sever funding squeeze.  This article details the potential impacts of that squeeze.

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