Fiscal Cliff Deal Cuts Medicare Payments To Hospitals

Law360, New York (January 2, 2013, 5:32 PM EST) -- Congress agreed once again to avert a massive scheduled cut to Medicare's physician payment rates Tuesday, but lawmakers balanced the $25 billion fix by cutting payments to hospitals, dialysis clinics and other providers.

The legislation, part of a deal to avert some of the tax increases and scheduled spending cuts that make up the fiscal cliff, extends the current payment rates for doctors for one year, at a cost of $25.2 billion, according to the Congressional Budget Office.

In order to meet that price tag, lawmakers...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.