Health Providers Brace For Medicare Spending Cuts

Law360, New York (February 27, 2013, 7:33 PM EST) -- Automatic spending cuts set to hit the federal government Friday promise to slash Medicare payments by 2 percent and cut back Medicare staffing levels, squeezing health providers already operating at razor-thin margins and potentially derailing some of the core insurance reforms of the Affordable Care Act, experts say.

The Budget Control Act, also known as the sequester, calls for 8 percent across-the-board cuts to federal agencies and 2 percent cuts to Medicare's provider payments. It will go into effect March 1 unless Congress can come up...
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