CMS Delays Medicare's SGR Cuts, 'Two-Midnight' Rule Enforcement CMS Delays Medicare's SGR Cuts, 'Two-Midnight' Rule Enforcement April 2, 2015 Medicare, News Medicare cuts, SGR, sustainable growth rate 0 0 Comment Read More »
Sequestration Means 2% Medicare Cut to Health Care Providers Effective 4/1 Across-the-board federal budget cuts were triggered on March 1 because Congress failed to come to an agreement on how to reduce the federal deficit. Although it is still possible that Congress will reach some sort of a compromise before most of the cuts take effect on April 1, physicians should prepare for a 2% reduction in reimbursement from the Medicare program beginning in April. March 6, 2013 Medicare, Payment Medicare cuts, Sequester Cuts, Sequestration 0 0 Comment Read More »
California Heavily Affected by Looming Sequester Cuts The White House detailed how California and other states would be affected if a deal is not reached by March 1, 2013 to avoid automatic cuts under sequestration. The automatic cuts involve nearly $1 trillion in across-the-board reductions over a decade, including a 2% reduction to Medicare reimbursement rates. February 25, 2013 Medicare, News, Politics and Medicine Medicare cuts, sequester cuts, sequestration 0 0 Comment Read More »
Bowles, Simpson Unveil Deficit-Reduction Plan Includes Hefty Cuts for Health Care Erskine Bowles and former Sen. Alan Simpson (R-Wyo.) unveiled a $2.4 trillion deficit-reduction proposal, which includes $600 billion in Medicare and Medicaid savings by decreasing provider payments, raising premiums for higher-income beneficiaries, reducing prescription drug costs, and making “adjustments to account for an aging population.” February 20, 2013 Medicare, News Alan simpson, Bowles-Simpson plan, Medicare cuts, Erskine Bowles 0 0 Comment Read More »
Congress Stops Medicare Cuts for One Year as Part of Fiscal Cliff Legislation Congress on January 1 passed HR 8, the American Taxpayer Relief Act, narrowly averting the so-called "fiscal cliff." The bill includes a one-year Medicare fee-for-service physician payment freeze, meaning the 26.5 percent sustainable growth rate (SGR) cut has been averted, for now. The 2 percent sequestration cuts have also been deferred for two months. January 3, 2013 Medicare, News, Politics and Medicine HR 8 , medicare cuts, fiscal cliff, SGR 0 0 Comment Read More »
