News Headlines Article

Calif. hospitals: Cuts will hurt ability to help neediest patients
Modern Healthcare

California hospitals are warning that Gov. Arnold Schwarzenegger’s proposed budget will endanger millions of low-income residents and hurt providers’ ability to care for them. On Friday, Schwarzenegger unveiled a revised $83.4 billion budget for fiscal year beginning July 1. The spending plan calls for $523 million in cuts to Medicaid–called Medi-Cal in the state–including more cost-sharing for enrollees and a hospital payment rate freeze, which would save $64.9 million.