Providers could lose $770B in revenue if GOP megabill passes

Dive Brief:

Providers could lose more than $770 billion in revenue over the next decade if the budget reconciliation bill passed by the House of Representatives is signed into law, according to a new analysis.

The drop is spurred by the estimated 12 million people who would lose Medicaid and Affordable Care Act coverage due to healthcare provisions in the GOP megabill.

Hospitals would lose $306 billion over a decade , the largest revenue hit among provider groups, according to the left-leaning think tank the Urban Institute’s report, which was funded by the Robert Wood Johnson Foundation. Hospitals would also face a significant increase in uncompensated care, given they’re required to provide medical services to patients regardless of insurance status.

Dive Insight:

The Senate is cur