News Headlines Article

Fiscal cliff legislation means $15B less in Medicare for hospitals
Southern California Public Radio

The last-minute deal by Congress to avert dreaded fiscal cliff tax hikes and spending cuts has preserved full Medicare payments to doctors through 2013.

Had Congress failed to reach a deal, Medicare payments to doctors would have been cut by 27 percent beginning this year – a move that may have resulted in many physicians closing their doors to Medicare patients.

And while the agreement is good news for doctors, hospitals aren’t so happy.