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) – are adopted. More than 40 percent of that job loss, moreover, would be suffered by private, non-profit urban safety-net hospitals. Read the study here.