Healthcare Finance News February 13, 2025
The bill instructs the House Energy and Commerce Committee to cut mandatory healthcare spending by no less than $880 billion.
The American Hospital Association and several physician groups are urging Congress to reject cuts to Medicaid in the proposed budget resolution.
The AHA said even a small portion of the proposed cuts would destabilize hospitals and health systems.
Slashing already-low Medicaid payment rates would make it harder for physicians to provide care to people covered under Medicaid and would ultimately increase healthcare costs as patients are forced to forgo vital preventive care, physician groups said.
On Wednesday, House Republicans released a budget resolution for fiscal year 2025 that instructs seven committees to come up $1.5 trillion in mandatory cuts over...
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