Datapoint: CareSource Creates Emergency Funding Program for Georgia Hospitals

January 31

Medicaid insurer CareSource this month unveiled its Rural Access Advancement Program, a “lifeline” that provides emergency funding to rural Georgia hospitals in danger of closing due to cash flow issues. “The Rural Access Advancement Program will assist rural hospitals and hospital-owned skilled nursing home facilities in rural areas in times of critical cash deficits that might otherwise lead to service limitations or hospital closures,” the insurer wrote in a press release. “Once the facility has stabilized, the funds will be repaid and reinvested into the program.” CareSource currently serves 513,043 Medicaid members in Georgia.

Source: AIS’s Directory of Health Plans