October 13th, 2009

Mayo Clinic’s decision to deny Medicaid stems from financial hardship

By Kelley Luckstein

The Mayo Clinic's decision to no longer serve Nebraska's Medicaid patients starting next year has more to do with its own financial hardships than anything unique to Nebraska's health insurance program for the poor…

 

Last year, the Mayo Clinic experienced a net loss of $100 million on Medicaid billing of $500 million, Plutowski said. The clinic is taking other cost control efforts, she said. Mayo typically operates with smaller profit margins than most hospitals.

 

Lincoln Journal Star by Mark Andersen, 10/11/09

 

Additional Medicaid coverage:

Billings Gazette

Post-Bulletin

Post-Bulletin

Tags: Finanical, medicaid

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