tci Medicare Compliance & Reimbursement - 2013 Issue 6

Legislation: Expect Medicare Shortfall From Congressional Stalemate

Medicare providers will bear some of the brunt of the sequester cuts. You have till April 1, after which a potential two percent cut could erode your earnings. Congress’s failure to agree on a way to avert the $85 billion budget reduction, referred to as “the sequester,” means that the government needs to effect significant cuts to expenditures across the board from March 1. The bottom line is that Medicare payments will take a two percent hit, making a significant dent in your practice’s income. Fortunately, however, these cuts won’t kick in until a...

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