President Joe Biden signed a debt limit deal on Saturday that includes some minimal cuts for healthcare programs just days before the federal government was set to default on its debt, which would have destabilized funding for Medicare and Medicaid.
Congressional scorekeepers estimate the deal will claw back $27.1 billion in unspent COVID-19 relief funding from dozens of programs, including some maintained by the CMS. Some of that funding is healthcare-related. With Medicare and Medicaid at risk during negotiations, the final legislation could have been more turbulent for the industry, Healthcare Dive reports. Read more.
