ILLINOIS (KMOX) – Yesterday, Missouri hospitals blamed nearly 1,000 layoffs, a hiring freeze, and delays in capital projects, on the state legislature’s refusal to expand Medicaid.
Meanwhile, Illinois has expanded Medicaid.
So, how are hospitals there faring?
A third of Illinois hospitals are operating in the red and 10 percent are operating on razor-thin margins, but Illinois Hospital Association spokesman Danny Chun says Medicaid expansion is giving them a stable, predictable funding source.
Plus, he says it’s making sure they get paid for the services they provide to the hundreds of thousands who didn’t have insurance.
“350,000 Illinoisans who previously were not able to pay for their coverage will now have coverage,” he says. “So that makes a big difference, and a big impact.”
Chun says the expansion is pumping $2 billion a year into the state, most of which will go to hospitals and other healthcare providers.
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
MORE HEALTH NEWS:
- Too Much Standing Linked To Heart Disease, Study Says
- New Treatment May Cure Peanut Allergies, Scientists Say
- Many Nurses Lack Knowledge Of Health Risks For New Moms, Study Says
- Express Scripts to Limit Opioids; Doctors Concerned
- Study: Binge-Watching TV Shows Causes Poor Sleep Quality, Insomnia
- SLU Brain Surgery Research Gains National Attention