News Headlines Article

Sluggish Hospital Job Growth Linked to Sequestration
Health Leaders Media

With 2013 more than halfway completed, new federal data shows that hospital job growth has slowed considerably.

Caroline Steinberg, vice president, Health Trends Analysis at the American Hospital Association, says the 2% cuts to Medicare mandated under the federal budget cuts known as sequestration are to blame.

“Medicare represents more than 40% of the care provided by hospitals and when you just lop off 2% of that, it’s a big impact on hospitals,” she says.