Debt Ceiling

Ongoing budget battles reveal a deeper problem

Ongoing budget battles reveal a deeper problem

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Many long-term care providers seem to be experiencing a case of budget battle fatigue right about now. Yes, it was earlier this year that a fiscal cliff compromise was reached. And now two more budget-related crises are about to kick in? Care to guess how these developments might affect your future reimbursement outlook?

White House will reach a decision on 2% cut to Medicare providers within 30 days

White House will reach a decision on 2% cut to Medicare providers within 30 days

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The Obama Administration has one month to issue a report detailing whether Medicare providers will see 2% across-the-board cuts based on legislation signed by the president Tuesday.

Provider groups remain vigilant on entitlement spending as Obama signs debt ceiling legislation

Provider groups remain vigilant on entitlement spending as Obama signs debt ceiling legislation

A bipartisan Congressional committee will be tasked with reforming entitlement programs, including Medicare and Medicaid, as part of a federal debt limit deal signed yesterday by President Obama.

Governors warn negotiators against shifting costs to states

Don't shift federal Medicaid funding obligations onto states. That was the message in a letter the nation's governors sent to the White House and top lawmakers this week.

Medicare fund will be depleted by 2024, report finds

Medicare fund will be depleted by 2024, report finds

The annual Medicare Trustees report found that under current conditions, the Medicare hospital insurance trust fund will be exhausted by 2024, largely due to the bad economy. The same report, which was released Friday, projected that the Social Security trust fund also will be depleted by 2036, a year sooner than what was predicted last year.