Citing shortfalls in Medicaid financing and billions in annual uncompensated care costs, the president and chief executive of the Texas Hospital Association said Friday that it was time for medical facilities to join together on a long-term strategy to compensate for the program’s shortcomings.
“Texas hospitals have the power to work together to propose a solution and shape our own future,” Ted Shaw, the head of the hospital association, said in a statement. “We recognize how contentious this issue is but understand the importance of a hospital-led solution to ensure that the losses are minimized and gains maximized.”…
Without Medicaid Expansion, Hospitals Seek Long-Term Solution | The Texas Tribune.