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Sequester cuts manageable for not-for-profits, ratings firms say
Modern Healthcare

Like their investor-owned counterparts, not-for-profit hospitals are expected to weather the impact of sequestration, but that doesn’t mean the belt-tightening will be easy. Medical centers across the country are preparing for April 1, when the 2% payment cut takes effect for Medicare providers. Hospitals are expected to lose $5.8 billion under sequestration—an amount that could lead to job losses and service cuts, state hospital associations warn.