TEHP Releases Fiscal Impact of Federal Withdrawal of Texas’ Medicaid 1115 Waiver on Beaumont Hospitals

The Texas Essential Healthcare Partnerships (TEHP) today released its fiscal impact analysis of Texas’ Medicaid 1115 Waiver on Beaumont-area hospitals. On April 16, the Centers for Medicare and Medicaid Services (CMS) announced it was rescinding the Waiver extension granted by the previous Administration which secured the continued federal funding of billions of dollars for Texas hospitals through 2032. In 2020 alone, 9 hospitals in the region accessed $56,728,347 via the Waiver. These funds were made available to hospitals for the high volume of services provided to local patients that are uninsured or eligible for charity care. If the Biden administration refuses to extend the Waiver, Beaumont’s safety-net hospitals will likely lose access to these critical funds beginning in October of 2022. Continue Reading…