Cloudy outlook

Zigmond, Jessica
November 2011
Modern Healthcare;11/28/2011, Vol. 41 Issue 48, p6
Trade Publication
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.


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