Noteworthy News

Archive for deficit reduction

 

Sequestration Could Cost Health Care Jobs

Unless Congress reverses the sequestration of $2 billion in Medicare funding by the end of 2012, that cut in federal Medicare spending could result in the loss of nearly a half-million health care jobs in 2013 alone. So says a new report sponsored by the American Hospital Association, the American Medical Association, and the American Nurses Association. The cuts are mandated by the Budget Control Act, which Congress adopted late last year.  While discussions are under way in Congress to block or delay implementation of the sequestration cuts in Medicare, defense, and other spending areas, it is not clear at [&hellip

NAUH Study Projects Job Loss Associated With Medicare Cuts

Impending and proposed Medicare spending cuts could lead to massive job losses in American hospitals. A new National Association of Urban Hospitals (NAUH) study – “Future Medicare Cuts and Hospital Job Losses” – finds that hospitals could lose as many as 87,358 direct jobs because of Medicare disproportionate share (Medicare DSH) and other Medicare spending cuts associated with implementation of the Affordable Care Act and another 46,103 hospital jobs if additional Medicare cuts currently under consideration in Congress – the elimination of Medicare bad debt reimbursement and a 60 percent cut in Medicare indirect medical education payments (Medicare IME) – [&hellip

Supercommittee Failure Means Health Care Cuts

The failure of the congressional supercommittee to propose deficit reduction measures will lead directly to cuts in federal health care spending – cuts that will especially hurt urban safety-net hospitals. Beginning in 2013, all Medicare payments to providers will fall two percent.  Other areas likely to be cut include the National Institutes of Health (NIH), public health programs, HIV/AIDS funding, disease prevention efforts, and more. This year’s Budget Control Act mandated across-the-board spending cuts if Congress failed to adopt $1.2 trillion worth of deficit reduction measures by the end of the year. That same law exempts Medicaid from any of [&hellip

Supercommittee Failure Doesn’t End Threats to Medicare, Medicaid

The end of the congressional supercommittee does not spell the end of the threat to Medicare and Medicaid – and to urban safety-net hospitals. In fact, it may only be a brief pause. Congress and the administration will continue to wrestle with the budget deficit, and as they do, they will continue to look to Medicare and Medicaid as potential sources of savings.  Meanwhile, the spending cuts mandated by the Budget Control Act if the supercommittee failed are scheduled to take effect even as some in Congress are already looking to repeal them. Read more about the Medicare and Medicaid [&hellip

Deficit Reduction Could Jeopardize Physician Training, Access to Care

Could the current deficit reduction effort jeopardize the nation’s supply of future doctors and access to care? Medicare’s medical education payments – both for indirect medical education (IME) and graduate medical education (GME) – are widely thought to be on the table in the current deliberations of the Joint Select Committee on Deficit Reduction, the congressional “supercommittee” created this summer to propose at least $1.2 trillion in federal spending cuts by the end of the year. According to an article in the Pittsburgh Tribune-Review, medical education payment cuts could hurt communities in two ways. First, many communities suffer a physician [&hellip

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