Nonprofit providers could be ravaged by a Republican tax plan winding its way through Congress, industry leaders said in November.
The GOP's tax reform bill was passed by the Senate in a vote just before 2 a.m. Eastern Time on Saturday, sparking criticism from long-term care provider groups and consumer advocates alike for its potential impact on healthcare.
With a Senate vote on the GOP's tax reform bill expected to come before the end of the week, advocacy groups are urging lawmakers to reject the legislation for its potentially "drastic" effect on Medicare and Medicaid.
Republican Senators on Tuesday added a provision to their tax overhaul bill that would roll back the individual insurance mandate included in the Affordable Care Act.
The House passed a budget proposal on Thursday that would slash roughly $1 trillion from the Medicaid program over the course of 10 years. But representatives aren't planning on seeing those cuts through, according to some observers.
A medical device excise tax scheduled to hit Jan. 1 is causing uncertainty among manufacturers and providers, a healthcare expert said Monday.
More than 400 organizations and companies have sent letters to House and Senate leaders asking for the repeal of a 2.3% medical device excise tax. The tax is scheduled to begin in 2013. If enacted, it would cost vendors more than $2.7 billion each year, letters warn.
Nursing home owners in Florida have been breathing easier since the Legislature decided not to reduce funding for the 460-plus facilities.
The Centers for Medicare & Medicaid Services finalized a rule that reduces maximum allowable provider taxes to 5.5%.