TITLE

Cloudy outlook

AUTHOR(S)
Zigmond, Jessica
PUB. DATE
November 2011
SOURCE
Modern Healthcare;11/28/2011, Vol. 41 Issue 48, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents an outlook for healthcare providers with the failure of the U.S. Congress' Joint Select Committee on Deficit Reduction to deliver a proposal to reduce federal deficit by 1.2 trillion U.S. dollars over the next 10 years on the November 23, 2011 deadline. The automatic cuts are seen to apply to Medicare payments to prescription drug plans and providers. In addition, the cuts are also expected to result in significant reduction in the employment base of the healthcare system.
ACCESSION #
67669329

 

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