Congress approves 2-year budget cut for provider payments — 4 takeaways

Last week, Congress passed a two-year budget deal that includes a 2 percent cut in Medicare provider payments, according to Healthcare Informatics.

Here are four takeaways:

1. The budget cut raises funding levels and suspends the debt limit until 2017.

2. Congress approved the healthcare budget cuts to generate the funding needed to offset other budget increases across the federal government.

3. The budget provides additional funding levels for agencies including National Institutes for Health and National Science Foundation.

4. Additionally, the budget cuts funding for healthcare services provided in a hospital's outpatient department.

More healthcare news:
AmSurg retracts bid for TeamHealth, SCA launches new website & more — 4 key notes on ASC companies
AmSurg takes $7.6B TeamHealth bid off the table: 4 things to know
5 most read GI/endoscopy stories: Week of Oct. 26 – Oct. 30

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast