Mar 6, 2018

McDonald's bringing fresh beef to its restaurants

Stef W. Kight

Photo: Matt Cardy / Getty

McDonald's announced today that they've introduced fresh beef to about 3,500 of their restaurants and plans to reach 13,000 U.S. locations by early May, CNBC reports.

Why it matters: McDonald's has been trying to keep it's prices low, while also improving the quality of their food — adding fruit options and removing soda from its "Happy Meals." But this move has taken four years and has McDonald's suppliers spending around $60 million to update their supply chains for the fresh beef Quarter Pounders.

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How it works: The money will come from a $100 billion pot set aside for the health care industry in the most recent stimulus bill. Providers will be paid the same rates they get for treating Medicare patients, and as a condition of those payments, they won't be allowed to bill patients for care that isn't covered.

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The big picture: In a matter of weeks, the number of states that issued orders nearly quadrupled, affecting almost 300 million Americans.

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