Panel: Maryland Hospitals Should Absorb Sequestration Cuts
The panel that sets hospital rates in Maryland is recommending that the state's hospitals absorb a 2 percent cut to Medicare as part of across-the-board federal spending cuts, a move strongly opposed by the hospitals.
The Maryland Health Services Cost Review Commission is scheduled to vote Wednesday on the recommendation for the last three months of the current fiscal year, which could mean hospitals won't see rate increases for the rest of Maryland's fiscal 2013, which ends June 30.
Maryland's hospitals say they're already operating on thin margins and the cut would further hurt their solvency. They could lose between $7 million and $8 million a month under the recommended plan. More
12:18 you are clueless to the fact that Medicare payments to providers have been cut 2%. An even funnier joke is insurance companies like Coventry jumped on the band wagon and decided to also cut their payments 2%, even though the have nothing to do with Medicare. Educate yourself.
Barrie Obammy strikes again!
ReplyDeleteInteresting, thin margins. Must not be too thin. PRMC has not gone 6 months in the last 5 years without adding a new wing or building.
ReplyDeleteBut PRMC employees go without pay raises!
ReplyDeletewell, Medicaire was saved from sequestration, so the article is BS, the custs are from OBAMACARE
ReplyDelete12:18 you are clueless to the fact that Medicare payments to providers have been cut 2%. An even funnier joke is insurance companies like Coventry jumped on the band wagon and decided to also cut their payments 2%, even though the have nothing to do with Medicare. Educate yourself.
ReplyDelete12:10. Pay raises? Be glad you have a job.
ReplyDelete4:43 Did I state that I worked there???
ReplyDelete