RD214 - Medicaid Expenditure Report - July 2007
Executive Summary: Medicaid expenditures in July and August were 12.8 percent higher than expenditures in the same months last year. Factors contributing to this increase include billing delays associated with implementation of DMAS' new prior authorization contract at this time last year, as well as the fact that there were nine remittance processing cycles in July/August 2007 compared to only eight cycles in 2006. For these reasons, the year-to-date increase over FY2007 is somewhat misleading. The increase from last year is large now, relative to the funded increase, but is expected to decline over the next few months. |