On Friday, May 8, KHA hosted a press conference to announce the publication of a new report outlining the changes Kentucky hospitals are facing in the wake of the nearly $7 billion in federal cuts they will suffer through 2024.

The report details an analysis, by the national consulting firm of Dobson/DaVanzo, of the impact these payment cuts will have on the financial bottom line of Kentucky hospitals. The analysis found Kentucky hospitals will lose more money than they gain in new revenue from expanded health insurance coverage. KHA supports the governor’s decision to expand Medicaid and the significant revenue it generates; however, the new expansion revenue is less than the cuts Kentucky hospitals will experience in order to finance the Affordable Care Act (ACA).

KHA also released the results of a survey...

State Auditor Adam Edelen will hold a press conference on Monday, March 30 to release a Special Report on the Financial Strength of Rural Hospitals in Kentucky. The Auditor will also hold a number of community meetings regionally in April to discuss the report in more detail.

KHA will share additional information as it becomes available.

Information on the Press Conference follows:
Press Conference
Monday, March 30, 2015
10:30 AM (ET)
209 St Clair Street
Frankfort, Kentucky 40601