Medicaid Pay Cut Possible in 2010

According to American Medical News, Medicaid pay could be cut again when stimulus money runs out. Thirteen states have reduced Medicaid rates for physicians in fiscal 2010, the most since at least 2004.
Medicaid cuts that were unthinkable a few years ago may be necessary in the coming year. As the stimulus money runs out, physician Medicaid pay is an obvious target. Additional Medicaid funding from the stimulus package expires on Dec. 31, 2010. Nine states are increasing Medicaid pay for physicians next year, but 13 are making cuts. This shifts the balance from last fiscal year, when 19 states increased pay and eight cut it.

Read more information at the American Medical News website, http://www.ama-assn.org/amednews/2009/10/12/gvl11012.htm