$12 billion in Medicaid funds restored to Texas hospitals, ending impasse with the feds
Texas hospitals will receive $12 billion in Medicaid funding after reaching an agreement with federal regulators. The deal ends a year-long dispute with the Centers for Medicare and Medicaid Services. Previously, hospitals were at risk of losing $27 million daily.
The announcement ends a nearly year-long dispute with the Centers For Medicare and Medicaid Services over the funding to Texas hospitals, which were slated to lose $27 million a day.
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