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Medicare Cuts Could Slash 278K Hospital Jobs, Warns AHA
Health Leaders Media

Medicare funding cuts under consideration by Congress could cost the nation’s hospitals $61.4 billion over the next decade, forcing them to trim their payrolls of nearly 278,000 jobs, the American Hospital Association said this week.

The reimbursement reductions detailed in H.R. 3630 would take funding from hospitals and use it to cover the deficit created by the extensions of the Social Security tax holiday and unemployment benefits, and by the so-called “doc fix” that aims to address cuts to physician reimbursements .