Wyoming’s plan to fund rural hospitals after $1 trillion in Medicaid cuts
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Wyoming officials have proposed a plan to make federal grants from the Rural Health Transformation Program last indefinitely by investing the awards in a perpetuity fund. The fund could provide $28.5 million annually for rural health programs, but its approval by the federal government is uncertain.
Wyoming plans to invest its $205 million grant from the Rural Health Transformation Program in a perpetuity fund. This fund could provide $28.5 million annually for rural health programs. The state will use the money for scholarships and incentive payments to support small hospitals and rural ambulance services. The federal government has not yet approved the plan. Wyoming is the least populous state, with about 588,000 residents. The Rural Health Transformation Program was created to offset concerns about the impact of Medicaid spending cuts on rural communities.
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