OMB: Sequestration would cut $11 billion in Medicare payments to providers
By
McKnight's Staff
Sep 17, 2012
Failed budget deficit negotiations in Congress could result in an $11- billion reduction in payments to Medicare providers, a government analysis released Friday predicts.
Deficit-reduction plan to gain $600 billion from lower provider payments and higher beneficiary premiums
By
McKnight's Staff
Feb 21, 2013
The co-chairs of President Barack Obama’s deficit reduction commission are promoting a way to achieve $600 billion in healthcare “savings” in a new version of their deficit reduction...
Analysis: Medicare sequester cuts would reduce SNF payments by $9 billion over 10 years
By
McKnight's Staff
Sep 17, 2012
Skilled nursing facilities in the most populous states will be the hardest hit if Congress enacts the 2% across-the-board cut in Medicare payments to providers, two new analyses predict.
CMS updates SNF Medicare manual to implement sequestration cuts
By
McKnight's Staff
May 16, 2013
The Centers for Medicare & Medicaid Services has updated the online Medicare Provider Reimbursement Manual, modifying instructions related to the 2% reimbursement reductions resulting from sequestration.
CMS changes nursing home inspections in response to sequestration cuts
By
McKnight's Staff
Apr 10, 2013
The Centers for Medicare & Medicaid Services will change some nursing home survey procedures in response to budget cuts from sequestration, according to memos released Tuesday. The CMS Survey & Certification...
Government officials released good news about the long-term solvency of the Medicare program Friday. The projections were based in large measure on lower projected reimbursements for skilled nursing facilities.
Analysis: Sequestration cut may mean loss of 766,000 healthcare jobs over 10 years
By
McKnight's Staff
Sep 12, 2012
A scheduled 2% sequestration cut in federal Medicare payments to providers could result in the loss of thousands of U.S. healthcare jobs, a new report warns.
White House will reach a decision on 2% cut to Medicare providers within 30 days
By
McKnight's Staff
Aug 09, 2012
The Obama Administration has one month to issue a report detailing whether Medicare providers will see 2% across-the-board cuts based on legislation signed by the president Tuesday.
With Medicare cuts coming, GOP prepares another push for vouchers
By
McKnight's Staff
Mar 05, 2013
House Budget Committee Chairman Paul Ryan (R-WI) is working on a proposed budget that would revamp the Medicare program. Republicans believe the option of turning Medicare into a voucher program may win...
Automatic 2% Medicare cuts begin
By
McKnight's Staff
Apr 02, 2013
The 2% reduction in Medicare payments known as sequestration began Monday. Providers should begin to see the impact by mid-April. The reductions will affect claims with dates of service or discharge on...