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New Medicaid law to sting Jackson

Jackson Memorial Hospital is bracing again for big cuts — this time, the result of a new law that will send millions of federal dollars that used to go to Miami-Dade hospitals elsewhere in the state.

When the provision takes effect in July, healthcare systems across Miami-Dade County stand to lose $218 million in Medicaid matching funds, also known as Low Income Pool funds.

Jackson alone will shoulder a $140 million hit. “That would be fairly catastrophic,” Chief Executive Officer Carlos Migoya said. “We’re at a point right now where we are fairly efficient. It’s not like we have a whole lot of extra fat to cut.”

Tony Carvalho, president of the Safety Net Hospital Alliance of Florida, says the new funding system should be repealed. “We believe that it’s an arbitrary methodology without a lot of basis in policy,” he said. “And we believe the state is best served by deleting the whole section of law.”

Miami-Dade lawmakers say they will do what they can to help.

“That is arguably the most important Miami-Dade delegation priority,” said Rep. Jose Felix Diaz, R-Miami. “This is the opposite of Robin Hood. It is stealing from the poor to give to the rich.”

Read more here.