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Oklahoma Medicaid providers could face rates cuts in March - 2/9/2018

The Oklahoma Health Care Authority faces a budget shortfall in the coming months because of problems with federal and state funds. The authority administers Soonercare, the state's Medicaid program, and there isn't much the board can do to generate substantial savings other than to cut rates, or hope that the Legislature comes up with some extra funding, deputy CEO Garth Splinter said.

 

“That's seemingly the only two realistic expectations," he said.

Cash flow problems are expected to start in March, said Tasha Black, the authority's budget fiscal planning director told board members at their Thursday meeting. Trouble could start sooner if the authority gets a high volume of medical claims, she said. So far since July, claims have been lower than expected, but that could change because of widespread flu activity.


 http://newsok.com/oklahoma-medicaid-providers-could-face-rates-cuts-in-march/article/5582754

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