MercyOne Genesis Aledo is saying it’s not in danger of closing, as rural hospitals nationwide are expected to be hit hard by cuts to Medicaid.
Earlier this month, President Donald Trump signed the “One Big Beautiful Bill Act,” which, according to the nonpartisan Congressional Budget Office (CBO), will cut federal spending on Medicaid and Affordable Care Act marketplaces by around $1 trillion over the next ten years. An estimated 17 million Americans are expected to lose health insurance by 2034.
At MercyOne Genesis Aledo, 15% of the revenue comes from Medicaid, which means that up to $500,000 of revenue could be at risk, says Administrator Ted Rogalski.
The Center for Healthcare Quality and Payment Reform released a report stating that over 700 rural hospitals nationwide, which is more than one-third of all rural hospitals in the country, are at risk of closure due to financial difficulties. The report found that more than 300 rural hospitals are at an immediate risk of closure.
Rogalski says MercyOne Genesis Aledo is in good financial standing, but the issue is critical for many rural hospitals in Illinois.