News Headlines Article

Hospitals hit by fiscal cliff deal, while docs get reprieve from pay cut
Sacramento Business Journal

Doctors got a reprieve from a big pay cut in the stop-gap fix to the fiscal cliff, but hospitals are big losers in the deal. Congress approved the one-year delay of a proposed 27 percent pay cut for doctors who serve Medicare patients, but lawmakers expect to recoup much of the $25 billion price tag from hospitals. A fee coding adjustment alone is expected to cut hospital payments $10.5 billion nationwide.