A key hospital group wants to ensure a 4% cut to Medicare spending doesn’t go into effect as facilities are still struggling with the financial impact of the pandemic, Fierce Healthcare reports.
The Federation of American Hospitals is asking Congress to include a delay to the 4% cut as part of a government funding package that must be passed before current funding expires Sept. 30.
The cuts will be “detrimental to healthcare providers as they face the unrelenting surge in COVID-19 cases and hospitalizations due to the delta variant as well as the potential spread of new COVID variants, stagnation in vaccine uptake, breakthrough cases among vaccinated populations and an unpredictable fall and winter season,” according to the letter to congressional leaders. Read more.
