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Texas hospitals get $1.1 billion federal funding boost

from Becker's Hospital Review

Texas hospitals get $1.1 billion federal funding boost Becker's Hospital Review Texas hospitals that provide care to Medicaid patients will receive $2.7 billion in federal funding in fiscal year 2021, up $1.1 billion from a year earlier, Texas Gov. Greg Abbott announced July 2. The funds are distributed through the Uniform Hospital Rate Increase Program, which boosts Medicaid payments to hospitals to help reduce their Medicaid reimbursement shortfall. Under the program, the Texas Health and Human Services Commission directs additional funding to Medicaid managed care organizations, and eligible hospitals receive a payment increase on claims submitted to those MCOs. READ MORE

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