Provider payments could be at ‘catastrophic’ risk if federal debt limit breached
By
Jessica R. Towhey
May 08, 2023
The US is in danger of breaching its debt limit, which would have serious repercussions for the long-term care sector, advocates and experts warned.
Ongoing budget battles reveal a deeper problem
By
John O'Connor
Sep 27, 2013
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...
White House will reach a decision on 2% cut to Medicare providers within 30 days
By
McKnight's Staff
Aug 09, 2012
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
Aug 03, 2011
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
Jul 13, 2011
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
May 16, 2011
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...