CEO Corner 10/21/13
CEO Reacts to Medicaid Expansion Vote
Adena Health System President and CEO Mark Shuter offered the following statement regarding today’s passage of Medicaid Expansion in Ohio.
“Governor Kasich and members of the State Controlling Board are to be commended for their commitment to the more than 275,000 uninsured Ohioans who will become eligible for Medicaid health coverage next year,” said Shuter. “By securing the available federal funds to expand Medicaid in Ohio, health system’s like Adena will not have to take on so much of the cost burden involved with providing health care for uninsured patients.”
Shuter added, “Last year, Adena Health System provided more than $36 million in uncompensated care for our neediest patients. This level of uncompensated care continues to grow. With the changes ahead brought on by the Affordable Care Act, the expansion of Medicaid will allow Adena to continue to provide quality healthcare to those in our region who previously would not have had access to coverage.”
In addition, Adena Health System currently receives $11.5 million a year in disproportionate share payments (DSH). This reimbursement will be phased-out over the next three years as part of the Affordable Care Act. Expansion of Medicaid in Ohio will help to offset this loss over the next three years.