Sequestration and Ryan plan seen as big fiscal challenges
By
John O'Connor
Apr 01, 2013
Last month, the skilled sector figured out sequester cuts would cost providers more than $782 million in payments. Then Paul Ryan broke out the meat cleaver.
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.
$1.96 billion nursing homes cut will force hard look at regulation, payment, experts say
By
Kimberly Marselas
Feb 12, 2018
The federal budget deal struck last week will squeeze nursing homes tighter than ever, advocates said as they began strategizing about how to stem the damage.
White House budget could include surprises Monday
Jan 29, 2015
Long-term care providers will be among the Americans especially interested Monday to learn what President Obama will include in his 2016 budget proposal.
One week to go: Providers anxious about Medicare automatic spending cuts
Feb 22, 2013
All eyes will be on Congress when it reconvenes Monday. Lawmakers will have just four days to act if they are to derail automatic spending cuts that would take 2% off the top of Medicare reimbursements....
CMS final rule: SNFs to receive $30 million less in Medicare payments than initially proposed
By
Tim Mullaney
Aug 02, 2013
A Medicare payment rate update will increase aggregate skilled nursing facility reimbursements by $470 million during fiscal year 2014, according to a final rule issued by the Centers for Medicare & Medicaid...
Stability sought via budget deal
By
James M. Berklan
Jan 17, 2014
Providers are likely looking forward to a fiscal 2014 with generally stable funding sources and no repeat of a government shutdown. The Senate was expected to vote on and pass a massive $1.1 trillion government...
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.