President Barack Obama and Congress were able to avoid going over the fiscal cliff earlier this week by striking a deal to prevent huge spending cuts, including a 26.5 percent cut in physician reimbursement for Medicare patients, according to a Washington Post report.
The deal includes short term funding to curb reimbursement cuts to physicians, but is not a permanent solution, according to the report. Around $15 billion has been cut from reimbursement to hospitals, which is about half of the total funding needed to stabilize physician reimbursement.
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