Fierce Healthcare
Feb. 11, 2013
Providers face another fiscal cliff. In only a few weeks, automatic budget cuts are set to go into effect unless Congress acts to delay or permanently fix the mandated sequestration cuts. On March 1, Medicare will reduce reimbursements by 2 percent, ending the two-month extension and temporary relief providers got from the New Year deal.
"You're going to feel it," said Steve Bell, senior director of economic policy at the Bipartisan Policy Center in Washington. "There's no way there can't be a slowdown [in government services]. You're going to see it at a local level."
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