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Hospitals may lose money if Medicaid not expanded - Kearney Hub: Local

Hospitals may lose money if Medicaid not expanded

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Posted: Monday, September 17, 2012 7:30 am

LINCOLN (AP) -- The University of Nebraska Medical Center's two hospitals in Omaha stand to lose millions of dollars in federal aid under the new federal health care law unless the state expands Medicaid coverage, and administrators said those cuts could mean problems for academic programs that rely on the hospitals for revenue.

Administrators said the law will eliminate federal payments to the Nebraska Medical Center and the Children's Hospital and Medical Center. Both qualify for special aid because they serve as safety-net hospitals for patients who are on Medicaid or uninsured, said Cory Shaw, the chief executive officer of UNMC Physicians.

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