Archive for March 2017
Large majority of CT hospitals and health systems making money
Last year, 23 of CT’s 28 hospitalsand half the 20 health systems made money last year. Collectively, CT’s 28 hospitals’ net margins (profits) totaled $877,878,858 last year. The biggest total winners were Dempsey/UConn at $286 million and Yale-New Haven netting $160 million. Waterbury Hospital lost the most money — $16.5 million or 7.6% of revenue.…
Read MoreAnalysts predict CT would lose $7 billion under the American Health Care Act
A new analysis by the Urban Institute finds that per capita caps on federal Medicaid spending under the American Health Care Act (AHCA) would reduce federal Medicaid funding to states by $457 billion or 9.8% from 2019 through 2028. If the bill passes, Connecticut stands to lose $7 billion or 10.9% of federal Medicaid funds.…
Read MoreMedicaid Council update – PCMH + and national Medicaid proposals
Friday’s MAPOC meeting started with an update about the shared savings experiment that covers 137,037 members and started January 1st. Contracts have been finalized with nine ACOs. enrollment % of total NEMG/Yale 7,509 5.5% St. Vincent’s 18,086 13.2% Fairhaven HC 7,811 5.7% Cornell Scott-Hill HC 13,781 10.1% Generations Family HC 8,000 5.8% Southwest CHC…
Read MoreCT seventh in nation in Medicaid payments for opioid addiction treatment
While the opioid epidemic impacts all income levels, Medicaid is the largest source of behavioral health care and opioid addiction treatment. However that rate varies considerably by state, according to an analysis by STAT News. Connecticut Medicaid pays for 44.3% of opioid agonist (buprenorphine) prescriptions compared to the national average of 24.2%. Connecticut is just…
Read MoreLatest ACA replacement expected to cost CT up to $1 billion/year and increase premiums for residents
An analysis by CT’s Office of Policy and Management estimates that the House Republicans’ American Health Care Act (AHCA) would severely stress the state’s budget far into the future. Extra costs would start at $6.8 million next fiscal year and rise to $1 billion after 2020 when fully implemented. Policymakers are now trying to fill…
Read MoreHealth reform dashboard reflects uncertainty, good and bad trends
March’s CT Health Reform Dashboard update reflects good, bad and uncertain policy movement in CT and DC. Most troubling is the level of mistrust among stakeholders in our state’s health system first recognized formally by out-of-state consultants to the Health Care Cabinet. This problem undermines even well-intentioned efforts to make progress, that otherwise would receive…
Read MoreCT stuck at C+ grade for health reform, Mistrust is high and pervasive
Connecticut health care thought leaders again gave our state a C+ grade for health reform last month, but our GPA dropped from 2.4 to 2.2. Connecticut’s grade for effort didn’t change from last year still at a B-/C+ (GPA 2.5) in this survey. Connecticut continues to earn higher marks for Medicaid and the health insurance…
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