Sequestration will set into full effect on Monday, cutting Medicare payments by 2 percent, according to a Medscape report.
Congress failed to roll back sequestration across-the-board spending cuts that would have extended government funding through Sept. 30, and has been unable to compromise on a 2014 budget plan. The amount patients are responsible for paying to physicians is not impacted by sequestration.
According to the report, the payment reduction will likely remain intact, as lawmakers are on spring break.
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According to the report, the payment reduction will likely remain intact, as lawmakers are on spring break.
More Articles on Physician Practices:
Is Your Orthopedic Practice Ready for ICD-10 & Meaningful Use Stage 2?
Will Spine Surgeons Seek Hospital Employment? 3 Leaders Weigh In
How Do American Healthcare Costs Compare Globally?