Geary Community Hospital is preparing to take another medicaid financial hit.

Hospital CEO Dr. Joseph Stratton said that the state has decided to cut back on medicaid reimbursement to hospitals. “And that will affect roughly 20 percent of the hospitals, and then there’s another part of cutbacks that have to do of something similar to medicaid called a provider access fee. That’s a 12 percent decrease of funds they’re distributing to hospitals.”

Stratton estimated the financial loss for Geary Community Hospital will be at least $100,000 out of this round of cuts. Approximately 18 months ago GCH also endured a $427,000 reduction in medicaid reimbursement.

Stratton noted the cuts are being felt by hospitals across the state.