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FirstHealth HASP Payments: A Lifeline for Healthcare Access

 
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FirstHealth of the Carolinas receives nearly $50 million in HASP payments.

description: an anonymous image of a hospital building with medical staff and patients walking in and out, symbolizing the essential role of healthcare providers in delivering quality care to communities.

FirstHealth of the Carolinas has been allotted nearly $50 million through the Healthcare Access and Sustainability Payment (HASP) program, providing a much-needed financial boost to the healthcare system. This funding comes at a critical time as hospitals nationwide face significant financial challenges due to the ongoing COVID-19 pandemic. The HASP program, administered by the Centers for Medicare and Medicaid Services (CMS), aims to support hospitals in maintaining access to essential healthcare services for their communities.

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RALEIGH — The N.C. Department of Health and Human Services (NCDHHS) announced on Monday, Nov. 27 that 102 eligible hospitals in the state will receive funding through the HASP program. This initiative aims to support hospitals in maintaining financial stability and ensuring access to quality healthcare services for all residents. The funding will help alleviate some of the financial burdens faced by healthcare systems, especially during challenging times.

On December 1, 2023, North Carolina will become the 40th state to implement Medicaid expansion under the Affordable Care Act (ACA), providing coverage to more low-income individuals and families. This expansion will help improve access to healthcare services and reduce disparities in health outcomes across the state. The HASP program plays a crucial role in supporting hospitals as they navigate the complexities of the healthcare system and strive to deliver high-quality care to their communities.

Special to Iredell Free News. RALEIGH — The N.C. Department of Health and Human Services announced eligible hospitals in the state will receive additional funding through the HASP program. This financial support is essential for hospitals to continue providing critical healthcare services to their patients and communities. The HASP program complements other initiatives aimed at improving healthcare access and affordability for all residents.

More than $2 billion is going to hospitals throughout the state as health care systems face a difficult financial environment. The HASP program plays a vital role in supporting hospitals and healthcare providers in delivering essential services to their communities. This funding will help ensure that hospitals can continue to meet the healthcare needs of residents, especially during times of crisis and uncertainty.

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That's where HASP comes in. Administered by the Centers for Medicare and Medicaid Services (CMS), HASP will reimburse hospitals at a rate closer to their actual costs of providing care to patients. This financial support is crucial for hospitals to maintain financial stability and continue delivering high-quality healthcare services to their communities. The HASP program plays a key role in supporting hospitals as they navigate the complexities of the healthcare system.

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Labels:
hasp paymentshealthcare accessfinancial supportmedicaid expansionhospitalshealthcare servicesfundingresilienceinnovationscientific research

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