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?
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.
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.
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.
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.