tci Medicare Compliance & Reimbursement - 2006 Issue 29

MEDICAID: Medicaid Is Getting An Expensive Makeover

Two major initiatives give states a huge cash injection from the federal government.Policymakers have a vision for the Medicaid of the future--and the money they spend on remodeling Medicaid now could pay off big down the road.Two separate initiatives from the Centers for Medicare & Medicaid Services (CMS) offer a total of approximately $1.9 billion to state Medicaid agencies, according to recent CMS statements. On July 25, CMS announced it would give states $150 million during 2007 and 2008 to "fund research and design of ways to transform their Medicaid systems." The Deficit Reduction Act...

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