SUMMARY: Mississippi Governor Tate Reeves announced federal approval of the first part of his Medicaid reimbursement reform plan, which is expected to generate approximately $700 million for hospitals in the state. The plan involves reimbursing hospitals close to the average commercial rate for services provided through the managed care delivery system. A second component of the plan is still awaiting approval. The Mississippi Division of Medicaid is taking steps to deliver the first round of payments to hospitals in the coming weeks, with the effective date of the approval being retroactive to July 1, 2023. Century Club Charities has also donated $1 million to Friends of Children's Hospital.

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