STAT June 27, 2022
As the U.S. slowly emerges from the Covid-19 pandemic, hospitals hope get back to some semblance of normal. That won’t be possible with the 1% cut in reimbursement rates from the Centers for Medicare and Medicaid Services (CMS) that is slated to go into effect July 1, which comes on the heels of a 1% cut in Medicare payments implemented in April. And these are in addition to an annual cut that CMS put in place with the Affordable Care Act to incentivize hospital productivity.
Hospitals are being pummeled by both statute and regulation.
Hospitals and health care workers were the heart and soul of the U.S. response to the public health emergency of Covid-19, and they’re continuing to help...
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