Late CMS Payments Cause Hospitals To Miss Payrolls
Some small hospitals have not been able to make their payrolls for weeks thanks to late payments from the federal government. Expect problems like this to only get worse as Medicaid is expanded under Obamacare.
According to the CEO Jason Leday, more than 150 employees haven’t been paid in nearly a month.
“I understand that they have children and a house payment, bills. Not getting paid is wow,” nearby resident Theresa Gutierrez said.
The hospital is strapped for cash not because its not making money, but because Leday says a new Medicare payment facilitator named Novitas Solutions is taking too way long to pay out Medicare claims to the hospital.
Leday says he’s owed nearly $3 million in payments from Medicare and can’t make payroll…