This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Children's Hospitals In Texas Ask State Legislature To Improve Medicaid Reimbursement

AUSTIN, Texas, Feb. 15, 2013 /PRNewswire/ -- Children's hospitals in Texas are asking Texas legislators to increase funding for Medicaid in the 2013 session of the Texas Legislature. These hospitals, which are members of the Children's Hospital Association of Texas (CHAT), provide specialized care for the state's most ill children. CHAT recommends improving Medicaid reimbursement rates to better reflect the costs of providing specialized pediatric care.

Stable and fair Medicaid payments are essential to sustain the mission of the children's hospitals in Texas. These hospitals train pediatricians, pediatric subspecialists and other health care professionals, provide high-quality specialized pediatric care and conduct research to advance pediatric care.

"Children's hospitals are the pediatric safety net, serving children regardless of ability to pay and providing services that are not available elsewhere for children with the most complex conditions," Bryan Sperry, president of CHAT, said. "Because of our fast-growing child population, now more than seven million, children's hospitals in Texas have been challenged to build and develop the pediatric services that children need."

Medicaid provides health coverage to more than 2.7 million kids in Texas, making it the single largest children's health insurance program in the state. Children's hospitals rely heavily on Medicaid to pay for patient services. For the eight member hospitals of CHAT, which are all not-for-profit health corporations, almost 60 percent of the patient days are covered by Medicaid (2010). The average percentage of Medicaid patient days for all other acute care hospitals in Texas is 19 percent.

" Texas' healthcare and budget challenges are many, but we have confidence in the growth of the Texas economy in future years," Sperry said. "Our state's children deserve to grow up as healthy as possible, and we should ensure that they continue to have access to top-quality medical care now and in the future."

In 2010, CHAT member hospitals served children from 241 of Texas' 254 counties.

About the Children's Hospital Association of Texas

The mission of the Children's Hospital Association of Texas (CHAT) is to support the development of an effective, comprehensive, high-quality and appropriately funded children's healthcare delivery system in Texas. Since 1989, CHAT has worked to advance its goals and public policy objectives in cooperation with other trade associations, advocacy groups, state agencies and the Texas Legislature.

Media Contact: Lindsay Ketchum, Elizabeth Christian & Associates Public Relations512-494-2874 or

SOURCE Children’s Hospital Association of Texas

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,081.89 -49.97 -0.29%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,796.6090 -42.0340 -0.87%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs