http://www.modernhealthcare.com/article/20110526/NEWS/305269949Funding for Texas health and human services programs would be cut by 17.2%, or $11.3 billion, over the next two fiscal years under an agreement worked out by lawmakers from both houses of the state Legislature, according to published reports. In Michigan, however, a budget deal covering fiscal 2012 maintains Medicaid rates, according to healthcare industry lobbying groups.
The Texas cuts include an 8% reduction in Medicaid fee-for-services reimbursements and a 23% reduction in trauma funding for some hospitals, according to the Texas Hospital Association. A conference committee report, which bridges the gap in the original budget plans passed by the state House and Senate, was approved earlier Thursday, setting the stage for members of both houses to vote on the deal before Monday's deadline for producing a state budget, according to the THA
Read more: Healthcare cuts loom in Texas; Mich. keeps Medicaid rates steady - Healthcare business news, research, information and opinions | Modern Healthcare
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