The Maryland Hospital
Association said Friday that jobs may be in jeopardy if a state
commission approves a plan that would make hospitals absorb all of the 2
percent Medicare cuts required under federal sequestration.
The board of the Health Services Cost Review Commission, which sets the state's hospital rates, is scheduled to vote Wednesday on how to implement the cuts. The commission's staff has recommended a plan that keeps hospital rates flat for the last three months of fiscal year 2013, which ends June 30.
Hospitals are pushing for a rate increase to help offset the cost of the cuts. Medicare accounts for 41 percent of hospital revenue on average, according to the American Hospital Association.
The board of the Health Services Cost Review Commission, which sets the state's hospital rates, is scheduled to vote Wednesday on how to implement the cuts. The commission's staff has recommended a plan that keeps hospital rates flat for the last three months of fiscal year 2013, which ends June 30.
Hospitals are pushing for a rate increase to help offset the cost of the cuts. Medicare accounts for 41 percent of hospital revenue on average, according to the American Hospital Association.
Read more:Read full article here from The Baltimore Sun
No comments:
Post a Comment