Long-Term Care

CMS releases memo to survey agencies regarding sequestration

PPS Alert for Long-Term Care, July 1, 2013

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When the federal sequestration hit March 1, government programs saw budget cuts across the board as approximately $85.4 billion in spending reductions took effect for fiscal year (FY) 2013. Although major programs such as Medicaid were exempt from these cuts, starting on April 1, Medicare saw a 2% reduction across the board. These cuts were mandated as part of the Budget Control Act signed in August 2011.

This is an excerpt from a member only article. To read the article in its entirety, please login or subscribe to PPS Alert for Long-Term Care.

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