The letter, sent Dec. 4, discusses cuts that are a part of a Medicare regulation finalized Dec. 1. The cuts were included in the regulation to counterbalance payment increases included in budget neutrality rules.
The senators wrote that the payment cuts will impose a strain on healthcare providers and patients, noting that the negative effects will be “even more profound” during the pandemic.
More articles on healthcare finance:
California suspends Medicaid payments to Borrego Health after FBI raid
Tennessee hospital shuts down
21 hospital closures in 2020
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
