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Hospitals in a bind waiting for Medicaid payments
Illinois hospitals have not been paid since August for the care they provided for patients on Medicaid. Unpaid medical claims to hospitals and other medical providers totaled $1.6 billion as of last week. According to Illinois Hospital Association, hospitals may not be paid for up to a year. With supply costs rising, borrowing options narrowing, and patients unable to pay bills, hospitals are having to cut expenses and, in some cases, employees.
Original story
Labels: hospitals, Illinois Hospital Association, Medicaid, unpaid medical claims
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