Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.
This week Mark and Dave speak to Virginia Burke, president and CEO of the Rhode Island Healthcare Association, which represents nursing homes. The group has questioned a plan to cut millions of dollars in state Medicaid spending.
Burke tells Mark and Dave that cuts to Medicaid would likely lead to layoffs for nursing home staff, which could degrade the quality of patient care.
Today is the due date for a plan to cut nearly $180 million dollars from Medicaid. Half of that is state funding, the other matching federal dollars. To close a burgeoning state budget gap, Gov. Gina Raimondo has proposed cutting hospital and nursing home payments. Her “Reinvent Medicaid” task force delivers its recommendations today for finding the rest of the savings in the state’s health insurance program for the poor. Their proposals are aimed at reducing the cost of caring for some of the most complex patients.
Gov. Gina Raimondo’s new budget proposes cutting millions of dollars in payments to hospitals and nursing homes. While their bottom lines have been improving, hospital officials say the cuts could hurt that recovery.
I'm combing through a Rhode Island Senate Fiscal Office summary of Governor Lincoln Chafee's FY 2015 budget proposal - a handy document that summarizes the item in question and analyzes its potential impacts. In health care, there's lots to digest.
But here are a few items that have caught my eye so far. And keep in mind, these are all still up for debate.