$11B in Looming Medicare Cuts Detailed by OMB
"We already are underpaid, and then you're looking at the cuts that are built into the Affordable Care Act, which are going to be $17 billion here in California between now and 2020, and then you add these additional cuts, hospitals can't sustain that. Sequestration makes an already very difficult situation worse," says CHA spokeswoman Jan Emerson-Shea.
Hospitals are also facing a cap on payments for outpatient services in hospitals. Those limits, proposed by the Medicare Payment Advisory Commission could save the federal government about $1 billion. The AHA and three other hospital associations are urging Congress to oppose the move.
The sequester has been on the table since last year when first, Congress, then, a joint committee of Congress, could not agree to a budget that included massive federal deficit reductions. With just three months remaining before the sequester goes into effect, both sides are under pressure to resolve their partisan stalemate.
Jacqueline Fellows is an editor for HealthLeaders Media.
- Two-Midnight Rule Must be Fixed or Replaced, Say Providers
- CDC Warns of Antibiotic Overuse in Hospitals
- AHRQ: Surgical Admissions Bring 48% of Hospital Revenue
- Care Coordination Tough to Define, Measure
- Steep Drop Seen in Medically Unnecessary C-Sections
- HIMSS: Software Bugs, Shifting Alliances Unsettling for CIOs
- Evidence-Based Practice and Nursing Research: Avoiding Confusion
- Hospitals Adapting Amid Continued Drug Shortages
- As Allegations Swirl, Baylor Plano Rejects Baldrige Award
- SCOTUS Review of NC Board Case 'A Very Big Deal' to Providers