Obama's Budget Plan Would Hit Hospitals' Bottom Lines

Law360, New York (April 10, 2013, 8:10 PM EDT) -- President Barack Obama's budget proposal for the 2014 fiscal year makes clear that the administration's plan to reduce the deficit rests largely on cuts to Medicare and other entitlement programs that would reduce revenues at many hospitals and nursing homes while giving safety-net hospitals a temporary reprieve on Medicaid cuts.

Few were surprised that the budget, which calls for a $400 billion reduction in Medicare and other health spending over 10 years, cuts into payments from providers rather than raising premiums or cutting benefits to beneficiaries....
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