Medicaid is being forced to delay payments to providers at the end of June. Claims not in the web portal by June 11 will not be paid till July 9.
Due to the end-of-the-year revenue forecast being lower than expected, Medicaid is at risk of not being able to meet reserves requirements for the FY09-10 fiscal year. They have been asked to delay provider payments by two weeks as an alternative to new rate cuts. This puts expenditures into the next fiscal year to allow the Treasurer to balance the budget.
Although they asked for authority that would have allowed the executive branch to make year-end transfers that could have prevented the needs for delayed payments, they were unfortunately unable to secure that support from the legislature.
Claims not in the system by June 11, 2010 will not be paid until July 9, 2010.
