Arkansas Hospitals Fear Looming Cuts to Medicaid

by Mark Friedman  on Monday, Nov. 26, 2012 12:00 am  

St. Vincent Health System CEO Peter Banko said cuts to Medicare and Medicaid could force hospitals to consolidate in order to survive.  (Photo by Jason Burt)

But expanding Medicaid will require a 75 percent supermajority vote in both the House and Senate, making it “a big hurdle” to get past, Magee said.

If Medicaid isn’t expanded, Piggott Community Hospital won’t have many options to recover lost revenue. One possibility, he said, is trying to grow market share, although that will be difficult because the area isn’t thriving.

“We wake up every morning in a smaller market than we did the day before,” Magee said. “So that does present a problem.”

Banko said cuts would force providers to consolidate “because you’re not going to be able to make it by yourself.”

 

 

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