POSTED: Wednesday, July 11, 2012 - 11:33am
UPDATED: Wednesday, July 11, 2012 - 3:58pm
Longview, Texas — Gov. Rick Perry’s decision for Texas to opt out of health care expansion could have as much as a $90 million impact every year on revenues at Longview’s Good Shepherd Medical Center, according to the hospital’s chief.
Ed Banos, president and CEO of Good Shepherd, on Tuesday said the decision by Perry to reject much of the Affordable Care Act’s expansion of Medicare and Medicaid could be devastating to hospitals such as his, which serve a large number of uninsured and people covered by those government programs.
“For Good Shepherd, about 18 percent of our patients fall into that category,” Banos said. “The true cost to us is more than $90 million a year — that’s not what the charges are — that’s the actual cost to us.”
Banos said if adjustments are not made somewhere in the process as outlined by state and federal officials, costs and services will likely have to be trimmed.
Read more  from the Longview News-Journal.