An Alternative To Underpayment: Braided Funding
Reimbursement rates—from government agencies or health plans—don’t always cover the cost of services.;In a recent study, hospitals received only 88 cents for every dollar spent on Medicaid patients (see American Hospital Association Underpayment By Medicare And Medicaid Fact Sheet).;In another example, a recent article posted in the Aspen Times reported how the Colorado Department of Education provides 41% of the needed funds to remodel or build schools—and the remainder must be raised through other sources (see Giving Thought: Braided Funding For Community Impact In Education).
One solution to making up this gap . . .