
Medicaid Cuts Set to Drain Revenue at Elite Teaching Hospitals
These facilities, often known as academic medical centers or AMCs, are usually seen as the cream of the industry crop for their top-tier credit ratings and ability to churn out revenue. But federal cuts to the public health insurance program for low-income and disabled people will lead to less funding for teaching hospitals around the country. In response, they've already started to reduce staff and scale back operations.
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an hour ago
- Business Journals
The medicaid question
Pennsylvania hospitals are bracing for significant changes as Medicaid cuts loom on the horizon, with potential consequences for patient access and facility operations.