News Headlines Article

Providers Awaken to Day One of Sequestration
Health Leaders Media

The deadline has passed and the doomsday scenario of federal budget cuts that were designed to be too painful to contemplate are about to kick in. The across-the-board cleaver cuts will lop $1.2 trillion off the federal budget over the next nine years, averaging more than $109 billion each year. This includes $11 billion in Medicare funding in 2013 in the form of 2% reimbursement cuts that started March 1.