Proposed Bush budget cuts would hit hospitals hard, administrators say
Case Management Weekly, February 26, 2008
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The federal government is proposing cuts to the Medicare and Medicaid programs and now hospital organizations are lobbying legislators and warning of cutbacks if the cuts are approved.
Pennsylvania and New Jersey hospitals estimate the proposed budget would reduce payments to hospitals in the two states by $8.4 billion over five years.
Almost 50% of New Jersey's hospitals are already in the red, and the cuts would drive more hospitals in the state into bankruptcy, according to representatives from the New Jersey Hospital Association.
To read the full story in The Philadelphia Inquirer, click here.
Source: Patient Access Weekly Advisor, HCPro, Inc.
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