ICYMI: Falling Medicaid reimbursement rates and growing uncompensated care has brought on a financial crisis at hospitals across the country. MHA CEO Rahul Koranne joined KSTP to discuss the scope of this problem across the state of Minnesota:
It doesn’t matter what insurance card you’re carrying in your wallet… if the local hospital or clinic has been forced to shut down, your access just went away.
If the uncompensated care keeps going up, and the hospitals do not have money — like some of our hospitals right now do not have money to pay their staff — they’re going to close.
