SACRAMENTO – A $2 billion fund created to keep money flowing to Medi-Cal providers when a legislative deadlock delays a new state budget has hit empty, reducing payments yesterday to HMOs and threatening payments to hospitals and nursing homes due Thursday.
“The check-write today was supposed to be $223 million,” Palmer said. “Medi-Cal will only be able to pay $143 million.” If there is no budget, Medi-Cal will not be able to make an estimated $227 million payment Thursday to hospitals and nursing homes.
The president of the California Hospital Association, C. Duane Dauner, warned that not getting the payment could be “disastrous” for some hospitals.
SignOnSanDiego.com > News > State -- Safety net for Medi-Cal has run out of cash
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