WPRO News and the Associated Press
WARWICK, R.I. (AP) – The working group created to cut down on unnecessary regulations and attract businesses to Rhode Island revealed potential cuts to Medicaid costs to help eliminate Rhode Island’s deficit.
The Providence Journal reports the Reinventing Medicaid Working Group proposed Wednesday to cut $85.5 million in state expenditures, close to Gov. Gina Raimondo’s goal of $90 million.
According to briefing documents, reductions would be worth a total of $158.6 million.
Medicaid reimbursements for hospitals would see a 5 percent rate cut and nursing homes would see a 3 percent cut.
The group also proposed to allow medical providers to make up some of the losses by awarding bonuses to organizations that become more efficient and offer higher quality care.
