NH Hospitals Stand to Lose Hundreds of Millions of Dollars
Throughout the debate over Medicaid expansion, we have heard a continual litany of “experts” telling us what an economic boon Medicaid expansion would be for New Hampshire. But it turns out, we were right all along – Medicaid expansion is wrong for New Hampshire and would be more of a boondoggle than a boon for our state and our residents.
According to analysis in The Apothecary, which appeared in Forbes Magazine yesterday, New Hampshire hospitals will lose $228 million from 2014 to 2020 if Medicaid is expanded. In addition, New Hampshire providers can expect to see a $45 million loss in net income if the expansion is approved.