CMS approves Nevada Medicaid payment program; UHS estimates $158M net reimbursements in 2024

UNIVERSAL HEALTH SERVICES INC

CMS approved the Medicaid managed care component of Nevada SDP effective Jan 1, 2024 for UHS facilities.
Estimated net reimbursements from both program components (managed care + fee-for-service) total ~$158M in 2024.
Managed care component estimated at $140M net of provider taxes; fee-for-service component at $18M.
Payments subject to reconciliation by DHCFP based on actual 2024 Medicaid managed care utilization.
Program requires annual CMS approval; continuation beyond 2024 is uncertain.

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